ADVERTISEMENT

DRB-Hicom shares slump on Goldstar's RM522m suit


  • Auto
  • Friday, 18 Jan 2019

 DRB-Hicom announced on Thursday Goldstar had filed a civil complaint against Proton Automobiles (China) Lt and Perusahaan Otombil Nasional Sdn Bhd at the Guandong Higher People's court.

DRB-Hicom announced on Thursday Goldstar had filed a civil complaint against Proton Automobiles (China) Lt and Perusahaan Otombil Nasional Sdn Bhd at the Guandong Higher People's court.

KUALA LUMPUR: Shares of DRB-Hicom fell to a low of RM1.66 on Friday following a RM522.91mil suit filed by China's Goldstar Heavy Industrial Co Ltd over an aborted joint venture with Proton.

At midday, it was down 10 sen to RM1.69 with 6.05 million shares done.

Auto , Markets

   

ADVERTISEMENT