Drb-hicom (KUL:1619)

QUOTE AND NEWS
Business Times - Malaysia  Apr 25  Comment 
DRB-HICOM Bhd and Volkswagen AG will pump in an additional RM600 million to their RM1 billion investment in an assembly plant here. Prime Minister Datuk Seri Najib Razak said this will increase total investment in the royal town's automotive...
Business Times - Malaysia  Apr 25  Comment 
PEKAN: Datuk Seri Najib Razak said the DRB-Hicom Automotive Complex in Pekan, which started as a small factory in 1984, is now giving huge benefits to the country and is expected to contribute RM12 billion to gross national income (GNI) by...
Business Times - Malaysia  Apr 8  Comment 
Malaysian conglomerate DRB-Hicom Bhd has sold land in the southern state of Johor to a property developer for RM534.73 million, it said on Monday. DRB-Hicom, owned by tycoon Syed Mokhtar Al-Bukhary, has sold 248 hectares to a unit of Malaysian...
Business Times - Malaysia  Mar 28  Comment 
Proton Holdings Bhd must fully utilise its car production platforms to dish out more car variants to the local consumers in order to sustain the stiff competition in the local automotive industry. Tengku Tan Sri Mahaleel Tengku Ariff, the former...
Business Times - Malaysia  Feb 5  Comment 
HwangDBS Vickers Research has raised the target price for Malaysian automotive-to-insurance conglomerate DRB-Hicom Bhd to RM3.65 from RM3.35, citing the company's land bank. "DRB has an under-appreciated property business with vast land bank. In...
Business Times - Malaysia  Jan 25  Comment 
Kenanga Research initiated coverage of DRB-Hicom Bhd with an "outperform" call and a target price of RM3.45 per share, citing strong growth prospects for the firm's car-making and property business. "In our view, the stock is undervalued,...
Business Times - Malaysia  Jan 15  Comment 
DRB-Hicom Bhd expects its services, property and defence businesses, apart from automotive division, to grow further and become major revenue contributors in the next 36 months. Chief Operating Officer of Finance, Strategy and Planning, Datuk...
Business Times - Malaysia  Jan 9  Comment 
KUALA LUMPUR: Tan Sri Syed Mokhtar AlBukhary may make a standalone offer to privatise DRB-HICOM Bhd, the country's biggest automotive company, people working on the plan said yesterday. Business Times understands that the plan is being helmed by...
Business Times - Malaysia  Jan 9  Comment 
DRB-HICOM is in the midst of "hatching" an ambitious plan for a project to be known as "Asian Car" which will see Malaysia becoming a hub for the production of Volkswagen (VW) vehicles. VW is Europe's biggest vehicle manufacturer. In order for it...





 


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