“We believe the intrinsic value of DRB-Hicom is in the various valuable assets embedded within the group.
“Other near term catalysts for DRB-Hicom are (i) the potential sales of The Verge, (ii) streamlining of its logistic business by consolidating KLAS group under Pos Malaysia (which will increase shareholding in Pos from 30%-associate to 53%-subsidiary), and (iii) strategic partnership for its 70%-stake in Bank Muamalat,” it said.
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