DRB-HICOM
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DRB-HICOM Bhd | |
Type of Company | Public (Bursa Malaysia:DRBHCOM) |
---|---|
Founded | Incorporated1980 |
Headquarters | Headquartered in Kuala Lumpur, Malaysia |
Key people | Mohd Kamil Jamil (MD) Mohd Saleh Sulong (Chairman) |
Industry | Auto Manufacturer, Property, Services |
Products | Services |
Revenue | 3.52 billion MYR 2005 ( 3.80) |
Employees | 14,689 |
Slogan | "Nil" |
Website | http://www.drb-hicom.com/ |
DRB-HICOM Berhad is Malaysia's single largest totally integrated automotive company, with operations in the manufacturing, assembly and distribution of passenger and commercial vehicles. Other businesses that DRB-HICOM is involve in are Property and Infrastructure Development, and Services. e.g. DRB-HICOM assembles foreign cars from Honda, Mercedes Benz and Hyundai in Malaysia.
Originally, it was incorporated in 1980 as the The Heavy Industries Corporation of Malaysia Berhad (HICOM). It experienced rapid growth and in 1996 merged with Diversified Resources Berhad (DRB) to form the biggest conglomerate in Malaysia. The conglomerate spans from Automotive manufacturing, Property development and Services.
The Malaysian Government through its investment vehicle; Khazanah Nasional Berhad owns a 10.56% state in the publicly listed DRB-Hicom. Hence it is a blue chip / bellwether stock that plays an important role in the Malaysian economy.
[edit] External links
- DRB-HICOM
- http://wikicompany.org/wiki/DRB-HICOM
- http://finance.google.com/finance?q=KUL%3ADRBHCOM
- Khazanah Portfolio Companies
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