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Wire · market

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

3 August 2026 · By · Wire by Fusion42

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

◆ Related on Wire

◆ Topics

IndustrialacquisitionMalaysiaindustrialtechnologystrategic-move