largest number of autoclaves in a facility in ASEAN. On 8 March 2018, the Group announced a major shift in the direction of their property sector. In a cash plus land swap deal with companies owned by their majority shareholder, DRB-HICOM announced the sale of several plots of land and all its hospitality assets. This shift will see DRB-HICOM exiting the hospitality industry with the sale of Glenmarie Golf & Country Club, Holiday Inn Glenmarie KL and Vivanta by Taj at Rebak Island Marina. This transaction was completed on 31 December 2020. Five months later, on 1 August 2018, DRB-HICOM announced the sale of their waste management company Alam Flora Sdn Bhd (AFSB) to Malakoff Corporation Berhad. Included in the deal valued at RM1.0b was DRB-HICOM Environmental Services Sdn Bhd (DHES), a unit of AFSB. After several extensions of time, the deal was finally completed on 5 December 2019. Significant Companies under DRB-HICOM Subsidiaries PROTON Holdings Berhad – DRB-HICOM is a majority shareholder of PROTON, with Zhejiang Geely Holding Group Limited owning 49.9% equity in the national car company. Pos Malaysia Berhad – Malaysia's national post services provider. Pos Malaysia is listed on Bursa Malaysia. Bank Muamalat Malaysia - Bank Muamalat is an Islamic bank that offers a variety of products that are compliant with Shariah law. CTRM - a Batu Berendam, Melaka-based composites specialist that supplies to the global aviation industry. Motosikal Dan Enjin Nasional Sdn Bhd (Modenas) equity of 81% – Motorcycle manufacture and related components. HICOM Automotive Manufacturers Malaysia Sdn Bhd (formerly known as Automotive Manufacturers (Malaysia) Sdn Bhd) - Assembly of Volkswagen passenger vehicles. Deftech – Defence vehicles manufacturer based in Pekan, Pahang. Edaran Otomobil Nasional (EON) - a multi-brand dealer of vehicles, covering PROTON, Audi (Euromobil Sdn Bhd), Volkswagen (HICOM Auto Sdn Bhd, Mitsubishi (EON Automart Sdn Bhd) Automotive Corporation Malaysia Sdn Bhd (ACM) () – Authorised dealer for Isuzu Malaysia Sdn Bhd. DRB-HICOM Auto Solutions Sdn Bhd HICOM Diecastings Sdn Bhd - Casting and Machining company incorporated in 1985. Puspakom Sdn Bhd – Vehicle inspection centre. DRB-HICOM University of Automotive Malaysia PHN Industry Sdn Bhd - An automotive component manufacturing group of companies which consist of PHN Industry Sdn Bhd and its subsidiaries Oriental Summit Industries (OSI) Sdn Bhd and DRB-HICOM Mechatronics Sdn Bhd (DHMSB). HICOM-TECK SEE Manufacturing (Malaysia) Sdn Bhd – Equity of 51%. Manufacturer of automotive plastics components. PHN Industry Sdn Bhd