DRB-Hicom up on offer for Proton stake
Publish date: Tue, 10 Jan 2012, 09:17 AM
DRB-Hicom Bhd, a Malaysian auto-assembler, rose the most in almost one month in Kuala Lumpur trading after confirming it made an offer to buy a controlling stake in national car manufacturer Proton Holdings Bhd.
DRB rose 1.4 percent to RM2.11 at 9:02 a.m. local time, set for its highest close since Dec. 13.
Proton gained 1.9 percent to RM5.35, set for its highest close since October 2007. -- Bloomberg
DRB rose 1.4 percent to RM2.11 at 9:02 a.m. local time, set for its highest close since Dec. 13.
Proton gained 1.9 percent to RM5.35, set for its highest close since October 2007. -- Bloomberg
Labels: DRBHCOM
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CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
limayseng
with such a low tech in car manufacturing and unfacied brand , I do not think it will command a good price even there are willing takers....
2012-01-10 15:43