Search the Community
Showing results for tags 'drb-hicom'.
Found 3 results
-
Oh No. The Lotus group, makers of the Lotus Elise, Exige and Evora is rumoured to be in trouble. It seems that DRB-Hicom, the Malaysian conglomerate that owns Group Lotus' parent company, Proton may want to free itself from the wrangles of trying to turn around the sports car company. Acc...
-
DRB-HICOM to buy Proton for USD$412million - Some questions to be asked
Rigval posted a blog entry in MyAutoBlog
DRB-HICOM has been offered to take control of automobile manufacturer Proton, again. Khazanah Nasional, the Government body which owns a majority share in Proton has agreed to sell 42.7% of Proton to DRB-HICOM for the amount of RM1.29 million (USD$412million) at around RM5.50 per share with an optio... -
-2011 Jetta - Volkswagen Group (VW) has finally signed an agreement with a Malaysian company to manufacture its cars in Malaysia. The partnership with DRB-HICOM (DRB) will be a joint venture agreement with DRB holding a 70% stake in the venture while VW the remaining 30% and the total investme...