Monday 31 October 2016

DRB Hicom

Has been done IN, by EPF, who were net sellers of the shares last month, selling more than four million shares.

But with DRB Hicom 's Pos Malaysia in Beijing, trying to link up with China's Ali Baba, both DRB and Pos, have plenty of legs.

Pos Malaysia wants to use the tie up to propel it into the top cat position in the E commerce business here.

Smaller rivals such as GDEX, already have foreign partners, leaving POS Malaysia as the odd man OUT