# 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.

- Type: Acquisition
- Announced: 2026-09-27
- Where: Hong Kong SAR China
- Value: $40.5M (169.1M MYR)
- Status: announced
- Products: wastewater treatment services
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [Ranhill Holdings Bhd](https://endata.com/companies/15831.md)
- [Ranhill Water (Hong Kong) Ltd](https://endata.com/companies/15838.md) (target)
- [SIIC Environment Holdings Ltd](https://endata.com/companies/15839.md) (acquirer)

## Sources

- [theedgemalaysia.com](https://theedgemalaysia.com/article/ranhill-inks-agreement-rm1691m-divestment-ranhill-water), 2026-11-05: "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."

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