DRB-HICOM
From Wikipedia, the free encyclopedia
| DRB-HICOM Bhd | |
|---|---|
| Type | Public (Bursa Malaysia:DRBHCOM) |
| Founded | Incorporated 1980 |
| Headquarters | Headquartered in Kuala Lumpur, Malaysia |
| Key people | Mohd Kamil Jamil (Designate MD) Tan Sri Mohd Saleh bin Sulong (Chairman) |
| Industry | Auto Manufacturer, Property, Services |
| Products | Services |
| Revenue | 3.52 billion MYR 2005 (▼ 3.80) |
| Employees | 14,689 |
| Website | http://www.drb-hicom.com/ |
DRB-HICOM (MYX: 1619) 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
This article about an automotive corporation or company is a stub. You can help Wikipedia by expanding it. |
This Malaysian corporation or company article is a stub. You can help Wikipedia by expanding it. |
