Malaysia's DRB-Hicom gets OK to sell EON Cap stake

Newswire

KUALA LUMPUR, Jan 29 (Reuters) - Malaysian conglomerate DRB-Hicom has received government approval to sell its minority stake in local bank EON Capital to Primus Pacific Partners, DRB-Hicom said in a statement on Tuesday. In November, the firm said it had applied to the Malaysian central bank for approval to sell the 20.2 percent stake to the Hong Kong-based investment firm. (Reporting by Clarence Fernandez; Editing by Syed Azman)

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