DRB-Hicom

Khazanah agrees to sell Proton stake to DRB-Hicom

DRB-Hicom is set to pay Khazanah $414 million for Malaysia’s leading carmaker.
<div style="text-align: left;"> Yes, it's a Proton — the Satria Neo S2000, as driven by Alister McRae </div>
<div style="text-align: left;"> Yes, it's a Proton — the Satria Neo S2000, as driven by Alister McRae </div>
January 17, 2012

Malaysian billionaire Syed Mokhtar seems to have a golden touch these days. The latest addition to his empire sees him take control of domestic carmaker Proton through DRB-Hicom’s acquisition of a 42.7% stake.

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