DRB-Hicom grows logistic chain


ONE logistics group that is certainly worth mentioning is the diversified DRB-Hicom Bhd.

Over the past few years, the group has been on an acquisition spree that has seen it buy into significant parts of the logistics chain. DRB-Hicom is the major shareholder of Pos Malaysia Bhd, which is seen as the most extensive last mile operator in the country. DRB is growing its logistics business through its subsidiary KL Airport Services Sdn Bhd (KLAS), which is an independent ground handler that provides a comprehensive range of services to various commercial airlines operating through Malaysian airports.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , drb , klas , logistics

Next In Business News

Indonesian markets face more pressure after Moody's cuts outlook
Trading ideas: Sunview, KJTS, Keyfield, Maxis, Solarvest, Hi Mobility, Haily, Oxford Innotech, Farm Price, Timberwell, TP TEC, BCorp, BFood
Wall St ends sharply down as AI worries weigh
IOIPG positioned for earnings uplift
Domestic market still a sweet spot for F&N
HI Mobility bags RM78mil Johor project
Farm Price proposes transfer to Main Market
Govt may reconsider support for ‘mature’ REIT sector
BFood 2Q revenue rises to RM126mil
Malaysia eyes 2026 as implementation year

Others Also Read