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 ...

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 ...

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.

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 ...

Financial executives familiar with the matter said the Nasimuddin-led group is awaiting regulatory approval from Malaysia's central bank for its planned purchase of a 15% interest in DRB-Hicom for ...

DRB-HICOM Berhad (KLSE:DRBHCOM) is about to trade ex-dividend in the next 3 days. Typically, the ex-dividend date is one business day before the record date which is the date on which a company ...

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 ...

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 ...

Malaysia's DRB Hicom signs agreement with Geely on domestic auto hub Malaysian automaker DRB Hicom said on Wednesday it has signed an agreement with Chinese car maker Zhejiang Geely Holding Group ...

KUALA LUMPUR -- Despite swinging to a profit recently, Malaysia's DRB Hicom is not exactly celebrating, but is looking instead to Chinese input to turn around Proton Holdings, its 50.1%-owned ...