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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 ...
The latest international Drb-Hicom Bhd news and views from Reuters - one of the world's largest news agencies ...
The sale, to Malaysian conglomerate DRB-Hicom Bhd. for 1.29 billion ringgit ($412 million), also could also Proton's competitiveness in a crowded Asian auto market.
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 ...
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 ...
18/5/2013 – DRB-Hicom Berhad might have been seen as Proton's saviour, but the Malaysian investment holdings company is not being recognised for it by the market. The well-known conglomerate is ...
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 ...
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 -- 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 ...
FRANKFURT -(MarketWatch)- With the laying of the foundation stone of a new manufacturing facility Sunday, Volkswagen AG (VOW.XE) on Sunday officially began the production of Passat models in ...
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