The current government already announced on the abolishment of GST starting 1st June and ending 31 August, totalling 3 months, before the proposed 10% SST will come into action.

So this 3 months tax free period is very important and crucial for consumer to make big ticket purchase in order to benefit from the 3 months tax free period.

One of the biggest beneficial sector will be the Automotive sector, and DRBHiCom is one of them definitely!!!

http://www.freemalaysiatoday.com/category/nation/2018/05/11/car-dealers-expect-sales-boost-after-gst-axed/

With Proton being one of the best volume car sales in Malaysia, now that DRB is revamped by new partner - Geely, it would be a good target to look on DRBHicom now. At the current price of DRB, it is very attractive because it had fallen from a high of RM 2.50 before the major market sell down. Fundamental is there, and now opportunity is here.

You can expect the forthcoming quarterly result that will be announcing in November will be reflecting the strong sales figure from the 3 months tax free period from June to August 2018.

This is not an invitation to buy or sell. Please consult your own dealer/remisier and do your own study before committing into any investment.