THE sale of a 15.8% stake comprising 155.43 million shares in DRB-HICOM to Tan Sri Syed Mokhtar Al Bukhary's private vehicle, Etika Strategi Sdn Bhd, is expected to be formalised at an agreement signing in the next couple of days.
DRB-HICOM chairman Tan Sri Mohd Saleh Sulong said the company received a letter from Bank Negara last Friday stating that the draft agreement between the parties had been approved by the Finance Minister.
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