oh do u think this is still a good buy since proton sales seem to be picking up?
sorry im still a noob at fundamental analysis..so i basically rely on market sentiments

MALAYSIA BUILDING SOCIETY BHD
KLSE (MYR): MBSB (1171)

Bank Muamalat Malaysia Berhad, the 3nd full-fledged Islamic bank to be established in Malaysia after Bank Islam Malaysia Berhad and MBSB bank berhad , is poised to play its role in providing Islamic banking products and services to Malaysians, without regard to race or religious beliefs.

The bank was based on a profit sharing model and its products weren't linked to the Bank Indonesia discount rate, thus surviving to the 1997 Asian financial crisis which increased the mean interest rate of the other Indonesian banks.[citation needed]

DRB-HICOM holds 70% shares in the Bank while Khazanah Nasional Berhad holds the remaining shares.


MIDF is now a wholly owned subsidiary of MBSB, which has emerged as the second-largest standalone Islamic bank after Bank Islam Malaysia Bhd.




Khazanah Nasional Berhad (“Khazanah”) is pleased to announce that after an extensive two-stage process, the strategic divestment of its

32.21% stake in Pos Malaysia Berhad

(“POS”) will be made to DRB-HICOM Berhad (“DRB-HICOM”). This decision was made following a rigorous selection process initiated by Khazanah to ensure that the new shareholder will be able to bring POS to the next level of growth.




In the financial year 2022, Pos Malaysia reported a net loss of RM167.67mil.

Brewer also shared that apart from the retail segment where post offices are parked under, the courier business segment is currently struggling.


“The two segments are the main headwinds for us – parcel and retail.


In parcel, it is difficult to make money. There are too many players in the market presently.

We have 120 licences for 33 million people.


Indonesia has 30 licences for 400 million people and Thailand has 37 licences for 70 million people,” he said.





About DRB-HICOM
DRB-HICOM is one of Malaysia’s leading conglomerate with core businesses in the Automotive, Services and Property, Asset & Construction sectors. DRB-HICOM’s aim is to continue adding value and propelling the nation’s development. In the Automotive sector, DRB-HICOM is involved in the


manufacturing, assembly and distribution of passenger and commercial vehicles, including the national motorcycle.

In Services, DRB-HICOM is involved in various businesses, including concession and financial related services.


In Property, Asset & Construction, DRB-HICOM is involved in residential and commercial developments.

No.	DRB-Hicom Business Segment
1	Proton with a 50.1 percent stake
2	Integrated logistics (KL Airport Services Sdn. Bhd. (KLAS), Konsortium Logistik (KLB), and

3) POS Malaysia Bhd)

4	Islamic banking (Bank Muamalat)
5	Defense and concession businesses (Deftech, and Puspakom)
6	Property development and a lot of land bank -368-area freehold land currently used for Holiday Inn Glenmarie and golf course & clubhouse. With increased development interest in golf land in Klang Valley, we believe DRB’s Glenmarie golf land is a potential ‘goldmine’. DBR’s other properties include 4000-acre Proton City (Perak), >200 acres of undeveloped industrial land in Pegoh (Melaka), various tracts (>30 acres) of commercial/residential land in Glenmarie and Rebak Island, Langkawi.

Is this conversation helpful so far?






This Conglomerates operate in 6 sectors in Malaysia such as

Islamic banking,

automotive,

Real estate development

Defense and concession car inspection businesses (Deftech, and Puspakom),

postal services,

airport cargo ,

among others.



KUALA LUMPUR: DRB-Hicom Bhd is selling its entire 97.37% stake in waste disposal management company Alam Flora Sdn Bhd to Malakoff Corp Bhd for RM944.61 million cash — the first major corporate exercise since the 14th general election on May 9.

DRB-Hicom said the proposed disposal provides an opportunity for the group to unlock the value and monetise its investment in Alam Flora, which is expected to give rise to an estimated net gain on disposal of RM735.4 million.


Alam Flora holds a 22-year concession from the government to provide the collection and public cleaning management services in Pahang, Kuala Lumpur and Putrajaya from

Sept 1, 2011 to Sept 1, 2033.

Additional revenue prospects may also come from the provision of solid waste management services for Kelantan and Terengganu






KL Airport Services Sdn. Bhd. (KLAS), a subsidiary of DRB-HICOM Berhad, today announced that it has been awarded the contract to provide

ground handling,
inflight catering,
cargo handling and aircraft maintenance and
engineering services for Shaheen Air at Kuala Lumpur International Airport (KLIA).


DRH-HICOM HAVE BUSINESS competition WITH BRAHIM'S GROUP?

This post has been edited by plouffle0789: Mar 20 2024, 03:55 AM