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Press Metal to buy controlling 58.8% stake in PMB Technology for RM465mil

Published

3 August 2026

Topic

market

Sectors

Industrial

Geography

Malaysia

Source

Read at thestar.com.my

Verified

Fusion42 · 3 August 2026 · Fusion42 review

Press Metal, a Malaysian aluminium company, is acquiring a controlling 58.8% stake in PMB Technology for RM465 million, expanding its footprint in the local technology sector.

This Wire brief sits within Fusion42's coverage of Industrial.

◆ The Wire takeaway

Press Metal’s majority stake purchase in PMB Technology signals fresh industry consolidation that you should explore for partnerships or competitive strategy shifts within Malaysia’s industrial tech space.

Coverage

1 source · 3 Aug 2026

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Topics

IndustrialacquisitionMalaysiaindustrialtechnologystrategic-move