# Mudajaya Group to acquire Real Jade Ltd for RM224M

Mudajaya Group Bhd, through its subsidiary Xelmont Ltd, signed an agreement to acquire Real Jade Ltd for HK$400 million (RM224.32 million). Real Jade operates a cement and clinker production plant in Shandong, China.

- Type: Acquisition
- Announced: 2026-06-30
- Where: Shandong, China
- Value: $51.0M (224.3M MYR)
- Status: announced
- Products: cement, clinker
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Mudajaya Group Bhd](https://endata.com/companies/15814.md) (acquirer)
- [Real Jade Ltd](https://endata.com/companies/15815.md) (target)
- [Minyi Holdings Ltd](https://endata.com/companies/15816.md) (partner)

## Sources

- [theedgemalaysia.com](https://theedgemalaysia.com/article/mudajaya-buys-cement-maker-real-jade-rm224-mil-expand-china), 2026-11-05: "We see the growth potential in China, and this expansion into the China market will supplement our local trading and manufacturing of construction materials."

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