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KUALA LUMPUR: DRB-Hicom Bhd
's earnings recovery is expected to pick up moving into the second half of the year with the extension of the vehicle sales tax (SST) exemption and overwhelming response for the all-new Proton and Honda models.
The government announced yesterday that there will be another extension to the SST exemption period to Dec 31, 2021, which will continue to bolser demand for automotives in the country.
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