KUALA LUMPUR: The saga for the control of DRB-HICOM Bhd is getting no closer to resolution in the wake of two conflicting statements by Tan Sri Syed Mokhtar Albukhary and Tan Sri SM Nasimuddin SM Amin – the two bidders for the strategic 15.8% stake in the company.
Hopes of an amicable solution emerged yesterday evening when Syed Mokhtar issued a statement saying he was prepared for a compromise involving the divestment of the auto business in DRB-HICOM to a consortium led by Nasimuddin.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
