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DRB-Hicom Berhad Announces Internal Reorganization

Thursday, 2 Aug 2012 05:12am EDT 

DRB-Hicom Berhad announced that its indirect wholly owned subsidiary, HICOM Polymers Industry Sdn Bhd (HPI), had on August 1, 2012, completed the acquisition of the entire issued and paid-up capital of Stagwell Sdn Bhd (SSB) comprising two ordinary shares of MYR 1.00 each from Comtrac Sdn Bhd, a wholly owned indirect subsidiary of the Company, for a total cash consideration of MYR 1,821.00. This internal reorganization is part of the Group's intention to streamline and realign the businesses. 

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11 Jul 2014