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 ...

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 ...

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.

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 ...

KUALA LUMPUR, Malaysia -- DRB-Hicom Bhd., one of Malaysia's largest industrial conglomerates, is up for grabs. Highflying businessman Syed Mokhtar Al-bukhary and Nizam Razak, the younger brother ...

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 ...

DRB-Hicom Bhd., a Malaysian automaker, rose the most in two weeks in Kuala Lumpur trading after news reports said its biggest shareholder Syed Mokhtar Al-Bukhary may buy out the company and list ...

KUALA LUMPUR, Malaysia -- The Malaysian government declared businessman Syed Mokhtar Albukhary the preferred bidder for a pivotal 15.8% equity interest in conglomerate DRB-Hicom Bhd., apparently ...

KUALA LUMPUR, Malaysia -- Businessman Syed Mokhtar Albukhary has received approval from Malaysia's central bank for the purchase of a pivotal 15.8% interest in DRB-Hicom Bhd., clearing the way for ...

Businessman Syed Mokhtar Albukhary's plan to acquire a pivotal 15.8% stake in DRB-Hicom, a troubled company partly owned by government investment concerns, has been delayed by fresh conditions ...

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 ...