STOCKS NEWS MALAYSIA-RHB cuts DRB-Hicom's fair value


RHB Research cut its fair value on automotive-to-insurance conglomerate DRB-Hicom Bhd to 3.20 ringgit from 3.55 ringgit on the back of weaker-than-expected earnings weighed by its automotive division. DRB's automotive segment revenue in the third quarter was dragged by weak sales of Proton and Suzuki car models, while finance costs for the period more than doubled due to borrowings taken to acquire Proton, RHB said in a note on Thursday. The research house, ...


To access this content simply register below now.
Registering is easy and allows you to:

  • Access all public content and newswire stories
  • Participate in forums
  • Comment on articles
  • Sign up for e-newsletters
  • And much more!

Already registered? here.

Jan 18, 2018

2018 Wards 10 Best Engines Editorial Roundtable Part 2

WardsAuto editors discuss some of the 22 nominees that did not make the cut in this year's Wards 10 Best Engines competition....More


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×