DRB-Hicom, Konsortium shares suspended
Shares of Malaysia’s auto-to-property conglomerate DRB-Hicom Bhd and container haulage firm Konsortium Logistik Bhd have been suspended pending a corporate announcement, according to local stock exchange filings.
DRB-Hicom, mainly owned by Malaysia tycoon Tan Sri Syed Mokhtar Al-Bukhary, closed 0.41 per cent higher to RM2.46 per share on Thursday, while Konsortium ended 2.03 per cent higher at 1.51 ringgit.
DRB has dropped 9.89 per cent year to date, while Konsortium rose 33.63 per cent as compared to the benchmark stock index’s 7.41 per cent rise.
Konsortium is 61.6 per cent owned by Bendahara 1 Malaysia Sdn Bhd, which in turn is an unit of Ekuiti Capital Sdn Bhd.-- Reuters