Malaysian tycoon Syed Mokhtar Albukhary is conducting a strategic review of conglomerate DRB-Hicom Bhd., according to people with knowledge of the matter. The businessman is in talks with ...

Syed Mokhtar owns 56% of the Bursa Malaysia-listed firm through an investment vehicle, according to data compiled by Bloomberg. DRB-Hicom has a market value of RM2.9 billion.

DRB-Hicom Bhd’s shares hit four-year low today after the conglomerate controlled by reclusive tycoon Syed Mokhtar Albukhary tumbled to its lowest level since March 2020. It fell 4% or four sen ...

DRB-Hicom, mainly owned by Malaysia tycoon Syed Mokhtar Al-Bukhary, closed 0.41 percent higher to 2.46 ringgit per share on Thursday, while Konsortium ended 2.03 percent higher at 1.51 ringgit.

DRB-Hicom’s share price edged up 2 sen to RM1.56 at the close of trading, giving it a market capitalisation of RM3.02 billion.

Malaysian conglomerate DRB-Hicom Bhd said on Thursday it was selling much of its non-industrial property assets and the entire hospitality portfolio for a total of 1.9 billion ringgit ($486.31 ...

Malaysian tycoon Syed Mokhtar Al Bukhary may take private auto-to-property conglomerate DRB-Hicom in a deal worth close to 2 billion ringgit ($636 million), the Business Times newspaper reported ...

DRB-Hicom Bhd., Syed Mokhtar’s auto assembler, is the best candidate to buy the government’s 43 percent stake in Proton, Mahathir, now an adviser at the carmaker he founded in 1983, said in a ...

The sale of the 15.8% block in DRB-HICOM Bhd to Tan Sri Syed Mokhtar Albukhary's Etika Strategi Sdn Bhd is expected to be completed shortly after the draft agreement between the vendors of the ...

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 ...

KUALA LUMPUR: Tycoon Tan Sri Syed Mokhtar Albukhary is conducting a strategic review of conglomerate DRB-Hicom Bhd, according to people with knowledge of the matter. The businessman is in talks ...