7 Followers KLSE:1619 - DRB-HICOM BERHAD (MYR 2.29) DRB-HICOM BERHAD
Sector: Consumer Durables, Industry: Motor Vehicles

Add to WatchList


DRB-Hicom unit sets up JV firm to provide R&D

13 Jun 2019 - The Star Online
PETALING JAYA: DRB-Hicom Bhd , via unit Proton Edar Sdn Bhd (PESB), is setting up a joint-venture (JV) company to provide research and development (R&D), sales and services of vehicle connectivity, digital cockpit, safety, autonomous vehicle and Internet of Things (IoT) technology-related products. In ...
klse:1619

Quick take: DRB-Hicom shares rise as profit tops expectations

31 May 2019 - The Star Online
KUALA LUMPUR: Shares of DRB-Hicom Bhd rose 7.58% in early trade Friday after its earnings came in above expectations. The conglomerate rose 7.58%, or 15 sen to RM2.13 with over 10.3 million shares traded. DRB-Hicom staged a major turnaround in its operations as it posted its first full-year operating ...
klse:1619

Tenaga, Hong Leong lift KLCI, DRB-Hicom up in active trade

31 May 2019 - The Star Online
KUALA LUMPUR: Blue chips continued their advance on Friday, the last trading day in May, with some fund buying seen in key stocks like Tenaga Nasional and Hong Leong Bank while DRB-Hicom surged in active trade. At 10.40am, the KLCI was up 6.4 points or 0.39% to 16,42.90. Turnover was 791.72 million shares ...
klse:1619 klse:5819 klse:5347

AmInvestment Research upgrades DRB-Hicom to Hold

31 May 2019 - The Star Online
KUALA LUMPUR: AmInvestment Research has upgraded DRB-Hicom to Hold from Underweight with a higher fair value (FV) of RM1.78 a share from RM1.74 despite its recent downgrade on Pos Malaysia’s FV from RM1.65 to RM1.16. The research house had on Friday reduced its sum-of-parts discount rate to 25% from ...
klse:1619

DRB-Hicom posts first operating profit in three years

30 May 2019 - The Star Online
KUALA LUMPUR: DRB-Hicom Bhd staged a major turnaround in its operations as it posted its first full-year operating profit in three years in FY ended March31, 2019 and expects to deliver a satisfactory performance for FY20. In its announcement to Bursa Malaysia on Thursday, its FY19 operating profit was ...
klse:1619

Quick take: DRB-Hicom shares slide after top execs remanded by MACC

14 May 2019 - The Star Online
KUALA LUMPUR: Shares of DRB-Hicom Bhd shares fell almost 2.5% in early trade on Tuesday after the company confirmed that Malaysian Anti-Corruption Commission (MACC) has remanded two top executives of its subsidiary. The counter shed 2.49%, or five sen to RM1.96 with 2.8 million shares done. DRB-Hicom ...
klse:1619

Kawasaki raises stake in DRB-HICOM subsidiary Modenas

26 Apr 2019 - The Star Online
KUALA LUMPUR (Bernama): DRB-HICOM Bhd is selling an 11% stake in Motosikal dan Enjin Nasional Sdn Bhd (Modenas) to Kawasaki Heavy Industries Ltd (KHI) for RM40.3mil to enable the Japanese firm to have a higher level of participation in the management of Modenas. The proposed disposal would increase KHI’s equity ...
klse:1619

DRB-HICOM in talks with two other car brands

11 Apr 2019 - The Star Online
MELAKA: DRB-Hicom Bhd is in talks with two other auto brands to assemble their vehicles. Its CEO Datuk Seri Syed Faisal Albar Syed Ali Rethza Albar said he thinks the earliest a deal could be possibly sealed is in 2020. “We cannot share more details at this point in time since it will also depend on ...
klse:1619

Another boost for Proton

25 Mar 2019 - The Star Online
PETALING JAYA: Proton Holdings Bhd, a 51%-owned subsidiary of DRB-Hicom Bhd , has been on a roll with its latest plan to set up an assembly factory in Pakistan.The carmaker, which has been struggling in past years due to declining sales, is seeing signs of recovery following the emergence of China-based ...
klse:1619

DRB-Hicom posts profitin Q3

1 Mar 2019 - The Star Online
PETALING JAYA: DRB-Hicom Bhd recorded a net profit of RM73.02mil for its third quarter ended Dec 31, 2018, compared with a net loss of RM70.03mil in the previous corresponding period, due to better operating financial performances from all of its business divisions. Revenue in the fourth quarter rose ...
klse:1619