DRB-Hicom’s prospects to improve with stake sale


PUTRAJAYA: DRB-Hicom Bhd is expected to see its long-term prospects improve significantly following the sale of a 49.9% stake in Proton Holdings Bhd and 100% of British automaker Lotus.

The sale of the two key components of its auto business would bring relief from spending vast amounts of money on research and development (R&D) for the running of the companies.

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Business , DRB-Hicom , Proton , geely , partnership , auto , automotive , stocks , shares , Bursa , KLCI , KLSE ,

   

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