Khazanah sells Pos Malaysia stake to DRB-HICOM


KUALA LUMPUR: Government investment arm, Khazanah Nasional Bhd will divest its strategic stake of 32.21% in Pos Malaysia Bhd to DRB-Hicom Bhd at RM3.60 per share or RM622.79mil.

The transaction is deemed as a landmark divestment as it is Khazanah's first divestment of its entire stake in a major government-linked company (GLC).

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

A trader’s guide to navigating Malaysia’s 2027 Budget plan
Taiwan shares scale record high as softer US payrolls boost Asian equities
Wil-Key gets Bursa approval for ACE Market listing
SCA Solutions signs underwriting agreement for ACE Market IPO
Emerging Asia banks have buffers to withstand strong El Ni�o, says S&P
AI to drive Asean+3 growth
Khazanah’s Dana Impak mobilises RM2.6bil in investments
Gig workers, elderly need better social protection in Budget 2027 - World Bank
Malaysia's inflation among region's lowest, but upstream cost pressures rising - World Bank
Top Glove posts earnings surge in FY26, declares 1.5c div/share

Others Also Read