PETALING JAYA: AmBank Group has granted financing facilities to Worldwide Stainless Sdn Bhd, an affiliate of Yankong Group, for the acquisition of Bahru Stainless Sdn Bhd from Spain’s Acerinox S.A for RM1.06bil.
In a statement, the bank said the acquisition was completed in November 2024, with AmBank financing 80% of the deal between Worldwide Stainless Sdn Bhd and Acerinox, S.A.
