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MOF NOD FOR DRB-HICOM STAKE SALE TO SYED MOKHTAR WITHIN FEW DAYS.
(From Bernama The Malaysian National News Agency)
Byline: Alan Ting
KUALA LUMPUR, Jan 24 (Bernama) -- The Ministry of Finance (MOF) is expected to give the green light for the sale of the late Tan Sri Yahya Ahmad's 15.8 percent stake in DRB-Hicom to business tycoon Tan Sri Syed Mokhtar Albukhary's company "within a few days," DRB-Hicom's chief executive officer Tan Sri Saleh Sulong, said today.
He said the draft of the agreement between the three vendors and Syed Mokhtar's company, Etika Strategi Sdn Bhd, has been sent to Bank Negara Malaysia for the approval. This is after the central bank had given the parties involved the approval to begin …
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