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 ...

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 ...

KUALA LUMPUR: DRB-HICOM has entered into a Master Collaboration Agreement (MCA) with Zhejiang Geely Holding Group Co Ltd (Geely) pertaining to the development of the Automotive High-Technology ...

The latest international Drb-Hicom Bhd news and views from Reuters - one of the world's largest news agencies ...

DRB-HICOM Berhad (KLSE:DRBHCOM) shares have had a really impressive month, gaining 31% after a shaky period beforehand. Looking further back, the 14% rise over the last twelve months isn't too bad ...

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 -- 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 ...

DRB-Hicom Bhd posted a significantly lower net profit of RM22.55 million for the financial year ended Dec 31, 2024 (FY2024), a 91% decline from the RM238.88 million recorded in FY2023.

In conclusion, DRB-HICOM Berhad has been investing more capital into the business, but returns on that capital haven't increased. And investors appear hesitant that the trends will pick up because the ...

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.

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 -- A consortium led by Nasimuddin Amin, a low-profile businessman who runs a company that assembles and distributes foreign cars, has won a battle for a controlling interest ...