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DRB-Hicom advances 5.1pc

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DRB-Hicom advances 5.1pc Empty DRB-Hicom advances 5.1pc

Post by hlk Fri 27 Apr 2012, 19:02

KUALA LUMPUR: DRB-Hicom Bhd advanced 5.1 per cent to RM2.49, the largest gain since March 2.

The company plans to invoke a compulsory order to buy all remaining shares in Proton Holdings Bhd after acquiring 98.6 per cent of the national carmaker’s stock, according to an exchange filing.

Proton’s shares are suspended in Kuala Lumpur today.- Bloomberg




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