# Green Esteel to acquire Ann Joo Steel Berhad from Ann Joo Resources

Green Esteel Pte. Ltd. entered into a conditional sale and purchase agreement to acquire Ann Joo Steel Berhad from Ann Joo Resources Berhad for MYR 1 billion. The transaction is expected to complete in the second half of 2026.

- Type: Acquisition
- Announced: 2026-05-22
- Where: Malaysia
- Value: $215.0M (1.00B MYR)
- Status: announced
- Products: steel
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Ann Joo Resources Berhad](https://endata.com/companies/78180.md) (target)
- [Green Esteel Pte. Ltd.](https://endata.com/companies/92080.md) (acquirer)
- [Ann Joo Steel Berhad](https://endata.com/companies/92081.md) (target)

## Sources

- [marketscreener.com](https://www.marketscreener.com/news/green-esteel-pte-ltd-entered-into-a-conditional-sale-and-purchase-agreement-to-acquire-ann-joo-ste-ce7f5dd9dd8df627), 2026-05-21: "Green Esteel Pte. Ltd. entered into a conditional sale and purchase agreement to acquire Ann Joo Steel Berhad (AJSB) from Ann Joo Resources Berhad for MYR 1 billion."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.