Mergers and Acquisitions News in Malaysia
| 11/29/2024 - The compressor business of JetCan Engineering Sdn Bhd (“JetCan”), headquartered in Penang, Malaysia, will become part of Atlas Copco Group.
This press release corrects the Atlas Copco Group press rel... |
| 11/25/2024 - Founder Group Limited (NASDAQ: FGL) (“Founder Group” or the “Company”), a leading engineering, procurement, construction, and commissioning (EPCC) solutions provider for solar photovoltaic systems in ... |
| 5/30/2024 - Euronet, a leading global financial technology solutions and payments provider, announced the completion of the acquisition of the Malaysian Electronic Payment System (MEPS) ATM terminals of Payments ... |
| 5/24/2024 - Malakoff Corporation Berhad (“Malakoff”) has entered into a conditional Share Sale and Purchase Agreement (“SSPA”) with Zelleco Engineering Sdn Bhd (“Zelleco”) for the proposed acquisition of 22,393,3... |
| 5/21/2024 - PETRONAS has completed the transaction of its 74 percent stake in Engen Limited to Vivo Energy following the approval obtained from the Competition Tribunal of South Africa, which will see Vivo Energy... |
| 4/22/2024 - TotalEnergies has signed an agreement with Sapura Upstream Assets Sdn Bhd (SUA) to acquire its 50% interest in Malaysian independent gas producer and operator SapuraOMV Upstream Sdn (SapuraOMV) for a ... |
| 1/31/2024 - - Overall cash consideration of USD 903 million subject to closing adjustments - Transaction to be completed by end H1, 2024 - Divestment in line with OMV Strategy 2030 Following a ... |
| 12/4/2023 - Today, the Executive Board of OMV has decided to enter – within the framework of the ongoing competitive bidder process conducted by OMV – into negotiations with interested bidders on the commercial t... |
| 3/30/2022 - PETRONAS Carigali Sdn Bhd (PCSB) announced the completion of the transaction for the transfer of its entire ownership in E&P O&M Services Sdn. Bhd. (EPOMS) to Janamurni Sdn. Bhd. EPOMS is... |
| 10/20/2021 - Tenaga Nasional Berhad (TNB)’s wholly-owned subsidiary, Vantage RE Ltd. (Vantage RE) has signed a Share Purchase Agreement (SPA) to acquire a 49% stake in an offshore wind farm company, Blyth Offshore... |
| 6/30/2021 - LyondellBasell, one of the largest plastics, chemicals and refining companies in the world, announced it has acquired 100 percent of PolyPacific Polymers Sdn. Bhd. (PPM) in Port Klang, Malaysia. |
| 6/18/2021 - Dagang NeXchange Berhad (“DNeX”) has received approval from shareholders after its Extraordinary General Meeting for the company’s proposed acquisition of an additional 60 per cent stake in Ping Petro... |
| 7/1/2020 - Eversendai Corporation Bhd announced to undertake the proposed acquisition of 100% equity interest in Vahana Offshore (M) Sdn Bhd (Vahana) and its subsidiaries for a purchase consideration price of RM... |
| 4/15/2019 - PETRONAS has entered into an agreement with I Squared Capital, a leading global infrastructure investor, to acquire 100% interest in Amplus Energy Solutions Pte Ltd, also known as M+, a leading Singap... |
| 3/21/2019 - Murphy Oil has announced that a subsidiary has signed a sale and purchase agreement to divest the fully issued share capital of its two primary Malaysian subsidiaries, Murphy Sabah Oil and Murphy Sara... |
| 1/29/2019 - Sapura Energy Berhad has received shareholders approval for the 50:50 strategic partnership with Austria’s OMV Aktiengesellschaft. In a statement, the group said the proposal was passed with 99.98% of... |
| 11/11/2018 - Sapura Energy and OMV have signed a Share Subscription Agreement and a Shareholders’ Agreement to form a strategic partnership. Under the agreements, OMV Exploration & Production OMV E&P), a wholly-ow... |
| 9/12/2018 - OMV has entered into a Heads of Agreement with Sapura Energy to form a strategic partnership. The parties have agreed to continue negotiations on an exclusive basis. OMV intends to acquire a 50% inter... |
| 3/28/2018 - Petroliam Nasional Berhad (PETRONAS), the national oil company of Malaysia, and Saudi Aramco, the national oil company of Saudi Arabia, are pleased to announce the formation of two joint ventures for ... |
| 2/26/2018 - UMW OIL & GAS CORPORATION BERHAD (“UMW-OG”) announced that UMW JDC Drilling Sdn. Bhd., a joint venture with Japan Drilling Company (“JDC”) has commenced the process of voluntary winding up. ... |
