OM Holdings bids $120M for full ownership of Malaysian subsidiaries

OM Holdings (OMH) has made a $120 million offer to purchase the remaining 25% stake in its Malaysian subsidiaries OM Sarawak and OM Samalaju from joint venture partner Samalaju Industries (SISB), a unit of Cahya Mata Sarawak.

“Together with our recent secondary listing in Bursa, Malaysia, this transaction marks a key milestone in our journey and complements the wider OMH strategy of growing our Sarawak smelter and becoming the leading supplier of ferroalloys globally.”mining-technology.com

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• mining-technology.comOMH makes $120m bid for full ownership of Malaysian subsidiariesArchana RaniMay 6, 2022

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