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DRB-Hicom Bhd (DRBM.KL)

DRBM.KL on Kuala Lumpur Stock Exchange

1.37MYR
4:58am EDT
Change (% chg)

RM-0.01 (-0.72%)
Prev Close
RM1.38
Open
RM1.40
Day's High
RM1.41
Day's Low
RM1.36
Volume
12,451,000
Avg. Vol
6,361,052
52-wk High
RM1.55
52-wk Low
RM0.77

Latest Key Developments (Source: Significant Developments)

DRB-HICOM to divest 1.4 mln shares in Scott & English Electronics
Tuesday, 7 Mar 2017 04:58am EST 

DRB-HICOM Bhd : Proposed divestment of equity interest . Unit entered into share sale agreement with Ng Kong Chin .Agreement related to proposed divestment of 1.4 million ordinary shares in Scott & English Electronics Holdings for rgt 1.10 per share.  Full Article

Drb-Hicom posts qtrly net profit 353 million RGT
Tuesday, 28 Feb 2017 04:19am EST 

Drb-hicom Bhd : Qtrly net profit 353 million rgt; qtrly revenue 3.43 billion rgt .Year ago qtrly revenue 3.34 billion rgt; year ago qtrly loss attributable 186.2 million rgt.  Full Article

Drb-Hicom announces proposed disposal of equity interest in Corwin
Thursday, 22 Sep 2016 07:27am EDT 

Drb-Hicom Bhd : Unit Hicom Megah and minority shareholders of Corwin enters conditional share sale agreement with Columba Holdings Pte Ltd . Deal to dispose entire 100% equity interest in Corwin comprising 14.5 million ordinary shares and 866.8 million redeemable preference shares . Deal for a total sale consideration of s$189.8 million . Hicom Megah’s share of net sale proceeds is approximately s$167.8 million .Proposed disposal will not have any effect on issued and paid-up share capital and substantial shareholders’ shareholdings in Drb-Hicom.  Full Article

DRB HICOM says qtrly net loss 169.3 million rgt versus loss of 19.7 million rgt
Tuesday, 30 Aug 2016 05:47am EDT 

DRB-Hicom Bhd : Qtrly net loss 169.3 million rgt versus loss of 19.7 million rgt; qtrly revenue 2.5 billion rgt versus 3 billion rgt .  Full Article

DRB-Hicom updates on subscription agreement entered into between unit and GOVCO
Thursday, 18 Aug 2016 12:58am EDT 

DRB-Hicom Bhd : Says unit PHB RCCPS on 16 August 2016 issued a letter to the Ministry Of Finance . Letter conveying PHB's decision that balance of financial support from government of Malaysia shall be via proposed issuance of up to 250 million new PHB RCCPS to Govco . Financial support totalling rm250 million shall be via the proposed issuance of up to 250 million new phb rccps at an issue price of rm1.00 each . The initial subscription rccps and new subscription rccps represent the financial support from the government to phb totalling rm1.50 billion . Unit Proton Holdings Berhad proposes to issue shares to Govco Holdings Bhd .  Full Article

DRB-Hicom clarifies on divestment of Proton
Monday, 8 Aug 2016 06:24am EDT 

DRB-Hicom Bhd : Refer to the article entitled "DRB HICOM-may sell up to 100% of proton" which appeared in the edge of 8 August 2016 . Deny the statement suggesting it may dispose of all of its stake in Proton Holdings Berhad" . Confident of and is currently assisting proton in its turnaround programme" .  Full Article

DRB-Hicom updates on proposed disposal of 90% equity interest in Corwin
Wednesday, 3 Aug 2016 05:54am EDT 

DRB-Hicom Bhd : Says unit, hicom megah, and minority shareholders of corwin enters into non-binding term sheet with lum chang holdings ltd . Term sheet to dispose entire 100% equity interest in corwin comprising 14.5 million ordinary shares and 866,840 redeemable preference shares . Source (http://bit.ly/2b1YjNz) ((For more news, please click here [DRBM.KL])) ((Bengaluru Newsroom; +91 80 6749 1130)).  Full Article

DRB HICOM says qtrly net loss of 790.8 million rgt versus profit of 89.8 million rgt
Tuesday, 31 May 2016 05:28am EDT 

DRB-Hicom Bhd : Qtrly net loss of 790.8 million rgt versus profit of 89.8 million rgt; qtrly revenue 2.63 billion rgt versus 3.21 billion rgt . Says proposed dividend of 2 sen per share .  Full Article

DRB-Hicom Bhd declares single tier final dividend
Tuesday, 18 Aug 2015 08:00pm EDT 

DRB-Hicom Bhd:Declares single tier final dividend of 4.5 sen per share.Ex date Sept. 11.Payment Date Oct.09.  Full Article

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BRIEF-Drb-Hicom confirms that all parties that submitted bids for PROTON are still in the running

* "Confirms that all parties that submitted bids for proton are still in the running and drb-hicom is still evaluating these bids"