A deal has been reached to sell the Malaysian government's controlling, 43-percent stake in Proton Holdings Bhd to Malaysian conglomerate DRB-Hicom for $410 million. Rumors surrounding the deal ...

PETALING JAYA: Malaysian Rating Corp Bhd (MARC) has affirmed its ratings of A+IS and A-IS on DRB-Hicom Bhd ’s sukuk programme of up to RM3.5bil and Perpetual Sukuk Musharakah Programme of up to ...

DRB-Hicom Bhd’s net profit fell 80% to RM33.71 million in the second quarter ended June 30 (Q2 FY2023) from RM169.56 million in the same quarter last year due to lower profit from operations and ...

The considerable ownership by private companies in DRB-HICOM Berhad indicates that they collectively have a greater say in management and business strategy Etika Strategi Sdn. Bhd. owns 56% of the ...

DRB-HICOM Berhad is an investment holding company. Its segments include Automotive, which is engaged in manufacturing, assembly, vehicles importation, motorcycles and special purpose vehicles ...

PETALING JAYA: The Inland Revenue Board (LHDN) has allowed DRB-Hicom Bhd’s appeal against an additional RM246.25 million tax imposed over the disposal of a subsidiary of the company. DRB-Hicom ...

So when we looked at DRB-HICOM Berhad (KLSE:DRBHCOM) and its trend of ROCE, we really liked what we saw. Just to clarify if you're unsure, ROCE is a metric for evaluating how much pre-tax income ...

KUALA LUMPUR, Oct 11 (Reuters) - Malaysian automaker DRB Hicom said on Wednesday it has signed an agreement with Chinese car maker Zhejiang Geely Holding Group Co Ltd for the development of an ...

BANGI: Business tycoon Tan Sri Syed Mokhtar Albukhary has received the government's nod in the fight with Tan Sri SM Nasimuddin SM Amin for the prized 15.8% stake in DRB-Hicom Berhad.

on Sunday officially began the production of Passat models in Malaysia together with its cooperation partner DRB-Hicom Bhd. (1619.KU), Volkswagen said in a statement Sunday. In the new production ...

In September, DRB-Hicom said it would commence legal proceedings to challenge the basis and validity of LHDN’s assessment notice, if necessary. (File pic) The Inland Revenue Board (LHDN ...