DRB-Hicom inks MoUs to boost investment, R&D


KUALA LUMPUR: DRB-Hicom Bhd has signed memorandums of understanding (MoUs) to promote investments, explore areas of research and development (R&D) and talent development in the Automotive High-Tech Valley (AHTV) in Tanjung Malim, Perak.

The group said in a filing with Bursa Malaysia yesterday that it has entered into a MoU with the Malaysian Investment Development Authority and Zhejiang Geely Holding Group Co Ltd to explore potential areas of cooperation and collaboration to promote investments in the development of AHTV.

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DRB-Hicom , MOUs , R&D , AHTV , Mida , Zhejiang Geely Holding

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