DRB-HICOM Berhad
DRB-HICOM Berhad is a prominent Malaysian conglomerate with a diversified portfolio that spans across multiple industries, including the automotive, defense, and postal sectors. The company has established itself as a key player in the Asian market, primarily through its involvement in automotive manufacturing, assembly, and distribution.
Automotive Sector
DRB-HICOM Berhad is significantly involved in the automotive industry, with its operations covering the manufacturing and assembly of vehicles. It owns HICOM Automotive Manufacturers, a subsidiary responsible for the production and assembly of automobiles in Malaysia. The company's activities in this sector include partnerships with international brands, as well as the ownership and operation of national car manufacturers.
Proton Holdings
One of DRB-HICOM's notable ventures is its acquisition of a controlling stake in Proton Holdings, Malaysia's national car manufacturer. Proton was fully acquired by DRB-HICOM, and the company has since played a pivotal role in shaping Proton's strategic direction. Proton was also the owner of Lotus Cars from 1996 to 2017.
Collaborations
DRB-HICOM has engaged in several key collaborations, including with Honda Motor Co., Ltd, enhancing its capabilities and expanding its market reach. These partnerships have facilitated the technological advancement and innovation within its automotive division.
Defense Sector
Through its subsidiary, DRB-HICOM Defence Technologies Sdn Bhd, commonly known as DEFTECH, the company has ventured into the defense industry. DEFTECH is a Malaysian defense contractor involved in the development, manufacture, and supply of defense systems and vehicles. One of its significant contributions is the development of the HICOM Handalan Truck, which serves various military applications.
Postal Services
In the postal sector, DRB-HICOM holds a majority stake in Pos Malaysia Berhad, the national postal service. The acquisition of Pos Malaysia from Khazanah Nasional Berhad in 2011 marked an expansion of DRB-HICOM's service offerings beyond its traditional automotive focus.