PETALING JAYA: TMK Chemical Bhd
has proposed acquiring Chemical Company of Malaysia Bhd (CCM) from Batu Kawan Bhd (BKB) for an indicative RM920mil.
In a Bursa Malaysia filing on Friday, TMK stated it had submitted a non-binding letter of intent to acquire BKB’s entire 100% equity interest in CCM, including CCM’s subsidiaries and associated companies, excluding certain assets comprising associate company Orica-CCM Energy Systems Sdn Bhd and two parcels of land.
