Batu Kawan Berhad’s RM293 Million Acquisition of Chemical Company of Malaysia Berhad

Rahmat Lim & Partners advised Batu Kawan Berhad on the transaction.

Batu Kawan Berhad (KLSE:BKAWAN) acquired 56.32% equity interest in CCM for RM293 million from Permodalan Nasional Berhad and Amanahraya Trustees Berhad as trustee for Amanah Saham Malaysia, Amanah Saham Bumiputera and Amanah Saham Bumiputera 3-Didik unit trust funds.

BKB is an investment holding company with subsidiaries and associates involved in chemical manufacturing, transportation, property investment, investment holding and plantations.

Chemical Company of Malaysia Berhad is one of the leading manufacturer for chemicals and polymer coatings in the country. Our mission is to provide innovative science and technology based solutions to our consumers via our wide range of products and services.

The Rahmat Lim & Partners team comprised of Partners Moy Pui Yee (Picture) and Yeo Tze Lin.

Involved fees earner: Moy Pui Yee – Rahmat Lim & Partners; Yeo Tze Lin – Rahmat Lim & Partners;

Law Firms: Rahmat Lim & Partners;

Clients: Batu Kawan Berhad ;

Author: Sonia Carcano