What does DRB-HICOM do?

DRB-HICOM is a leading defence contractor in Malaysia, involved with the development, assembly and distribution of military vehicles for the Malaysian Armed Forces.

What is DRB group?

www.drb-hicom.com. DRB-HICOM Berhad (MYX: 1619) is one of Malaysia’s leading corporations, involved in the automotive manufacturing, assembly and distribution industry through its involvement in the passenger car and four wheel drive vehicle market segment, the national truck project and the national motorcycle project …

Who owns DRB-HICOM?

Etika Strategi Sdn. Bhd.
DRB-HICOM/Parent organizations

Is Pos Malaysia under DRB-HICOM?

Khazanah Nasional Berhad – the Malaysian government’s investment arm – has announced it has sold its 32.21% stake in Pos Malaysia to DRB-HICOM. The strategic divestment was made following “a rigorous selection process” that would “ensure that the new shareholder will be able to bring POS to the next level of growth”.

Does DRB Hicom own Proton?

30 April 2020, Putrajaya – The Malaysian Government has received further medical aid from Geely Holding Group, and its local partner DRB-HICOM, who jointly own and operate national carmaker PROTON.

What is Hicom in military?

HICOM. US Navy High Command Communications Network.

Is Proton under DRB-Hicom?

DRB-Hicom majors on the automotive sector and is linked with the fortunes of the industry. 35 billion; this was largely due to sales by national automotive company Proton as well as other marques under its umbrella such as Honda, Mitsubishi, Volkswagen, Tata and Isuzu.

Does DRB-Hicom own Proton?

Does DRB-HICOM own Proton?

Who is Proton owned by?

With the Company’s ownership structure (50.1% is owned by DRB-HICOM and 49.9% by Geely Auto) PROTON is able to leverage on its shareholder strengths – giving it access to local ecosystems via DRB-HICOM and access to new technologies via Geely Auto Group, to seize opportunities presented by NAP 2020.

How many GLC are there in Malaysia?

There are currently seven GLICs in Malaysia: The Employee Provident Fund (EPF), Khazanah Nasional Berhad, Kumpulan Wang Amanah Pencen (KWAP), Lembaga Tabung Angkatan Tentera (LTAT), Lembaga Tabung Haji (LTH), Menteri Kewangan Diperbadankan (MKD), and Permodalan Nasional Berhad (PNB).