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.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
