DRB-Hicom Wins Exclusive Jeep Distribution Rights in Malaysia

Newswire

KUALA LUMPUR, June 24 (Reuters) - Malaysia's auto-to-property conglomerate DRB-Hicom Bhd said on Tuesday it has won exclusive rights to sell Chrysler Jeeps in the country. DRB-Hicom and Chrysler entered into import and distribution agreements for four Jeep models, the company said in an announcement to the stock exchange. DRB-Hicom did not specify the value of the deal. DRB-Hicom, mainly owned by Malaysia tycoon Syed Mokhtar Al-Bukhary, already distributes vehicles from Proton, Honda, ...

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