10 Followers KLSE:1619 - DRB-Hicom Bhd DRB-Hicom Bhd
Sector: Consumer Discretionary, Industry: Automobile Manufacturers
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CIMB Research retains Add for DRB-Hicom, target price RM2.90

9 Mar 2018 - The Star Online
KUALA LUMPUR: CIMB Equities Research is retaining its Add with a sum-of-parts based target price of RM2.90 for DRB-Hicom following its corporate exercise to dispose of non-industrial property assets. It said on Friday the narrowing losses by its car manufacturing operations under Proton, strengthening ...
klse:1619

DRB-Hicom to buy land in RM1.9bil deal

9 Mar 2018 - The Star Online
PETALING JAYA: DRB-Hicom Bhd has proposed to dispose of a large portion of its non-industrial property assets and its entire hospitality portfolio for industrial land in Johor in a deal worth RM1.9bil. The diversified group, which is controlled by local businessman Tan Sri Syed Mokhtar Al-Bukhary, said ...
klse:1619

DRB-Hicom sells non-core assets for RM1.9b

8 Mar 2018 - The Star Online
KUALA LUMPUR: DRB-Hicom Bhd is undertaking a corporate exercise which will see it shifting its focus for its properties sector in a RM1.90bil deal which will involve a land swap and enabling it to receive a one-time gain of about RM849mil. The diversified group announced on Thursday that it had disposed ...
klse:1619

DRB-Hicom posts 9M earnings of RM508m

28 Feb 2018 - The Star Online
KUALA LUMPUR: DRB-Hicom Bhd posted posted earnings of RM508.71mil for the nine months ended Dec 31, 2017 despite losses in the third quarter due to a one-off impairments at Proton. It announced on Wednesday its 9M earnings were a turnaround from the net losses of RM127.07mil in the previous corresponding ...
klse:1619

DRB-Hicom, MBSB in focus amid firmer market

21 Feb 2018 - The Star Online
KUALA LUMPUR: DRB-Hicom and Malaysian Building Society Bhd (MBSB) rose in active trade on Wednesday ahead of the release of their much improved earnings amid the recent corporate exercises. At 5pm, the KLCI was up 2.81 points or 0.12% to 1,858.17, boosted by gains in Maybank, Digi and RHB Bank. Turnover ...
klse:1171 klse:1619

Sime Darby, Genting boost KLCI, DRB-Hicom at multi-year high

23 Jan 2018 - The Star Online
KUALA LUMPUR: Sime Darby, Gening Bhd underpinned the FBM KLCI's firmer close on Tuesday, tracking the key Asian markets while DRB-Hicom scaled to the highest since September 1997. At 5pm, the KLCI was up 4.89 points or 0.27% to 1,838.04. Turnover was 3.91 billion shares valued at RM3.02bil. There were ...
klse:4197 sgx:g13 klse:1619 klse:3182

Malaysian equities may gain from China partnerships, Citi says

16 Jan 2018 - The Star Online
SINGAPORE: Malaysian companies with investments or partnerships with Chinese counterparts have seen increased returns, as seen by the out-performance of stocks. These stocks include Malaysia Airports Holdings , DRB-Hicom and IJM Corp., according to Citi's strategists led by Patrick Yau. Increase in ventures ...
klse:1619 klse:3336 klse:5014

DRB-Hicom, MRCB climb in active trade early Wednesday

3 Jan 2018 - The Star Online
KUALA LUMPUR: DRB-Hicom and Malaysian Resources Corp Bhd (MRCB) advanced in early Wednesday trade as investors chased up the counters following fresh corporate news while the FBM KLCI managed to stage mild rebound. At 9.20am, the KLCI was up 5.15 points or 0.29% to 1,787.85. Turnover was 603.93 million ...
klse:1619 klse:1651

DRB-Hicom shares at three-year high

3 Jan 2018 - The Star Online
PETALING JAYA: Shares of DRB-Hicom Bhd surge to its highest in over three years as optimism over the prospects of the company’s Proton brand sparked investor interest. “With a foreign strategic partner finally on board, 2018 could be a big year for Proton,” said an analyst. At 5pm yesterday, DRB-Hicom ...
klse:1619

DRB-Hicom climbs to over three year high

2 Jan 2018 - The Star Online
KUALA LUMPUR: DRB-Hicom Bhd 's share price rallied to a high of RM2.13 at midday on Tuesday, the highest since October 2014, as interest perked up for its automobile business under the Proton marque. At midday, it was up 28 sen to RM2.11 and pushing its market capitalisation to RM3.98bil. There were ...
klse:1619

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