Ranhill divests 60% stake in Ranhill Water for RM169M

Ranhill Holdings Bhd entered an agreement to sell a 60% stake in Ranhill Water (Hong Kong) Ltd to SIIC Environment Holdings Ltd for RMB273.9 million (RM169.11 million). The proceeds will be used for investment in new power projects.

“The group views the proposed divestment not only as a divestment of asset but also a formation of a strategic partnership with SIIC and its subsidiaries.”theedgemalaysia.com

• 1 source
• theedgemalaysia.comRanhill inks agreement for RM169.1m divestment of Ranhill WaterNov 5, 2026

Summarized from public sources; check the original articles before acting on it.