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Press Metal Aluminium Holdings Bhd announced the acquisition of an additional 35.6% stake in PMB Technology Bhd, raising its stake to 58.8% and making it a subsidiary. The acquisition is expected to be completed in Q3 of fiscal year 2026.
“Press Metal Aluminium Holdings Bhd's acquisition of an additional 35.6 per cent stake in PMB Technology Bhd could strengthen its downstream expansion strategy by providing greater access to sustainable energy supply.”revamp.nst.com.my
Summarized from public sources; check the original articles before acting on it.