The speculation is that Geely’s listing plan might include raising its stake in Proton Holdings and taking part in an IPO of one of Geely’s units. To do that, Syed Mokhtar might first take DRB-Hicom private since the parent of Proton Holdings is largely undervalued.
Stock: [DRBHCOM]: DRB-HICOM BHD
2023-01-30 20:40 | Report Abuse
Tomorrow limit up?
https://www.klsescreener.com/v2/news/view/1103397
The speculation is that Geely’s listing plan might include raising its stake in Proton Holdings and taking part in an IPO of one of Geely’s units. To do that, Syed Mokhtar might first take DRB-Hicom private since the parent of Proton Holdings is largely undervalued.