KUALA LUMPUR, NOVEMBER 9, 2005 - DRB-HICOM Bhd said it is constantly reviewing and evaluating all its investments and assets as part of its corporate, strategic and business undertaking.

This covers all its subsidiaries and associate companies, whether or not they are under-performing and/or non-core assets.

The company said this in reply to a query from the stock exchange following a local news report on Monday that it may hive off several under-performing, non-core assets, starting with the loss making DRB-Hicom Information Technologies (DHIT) Sdn Bhd.

The company, in its reply to Bursa Malaysia Bhd yesterday, said any major decision with regard to any of its assets will be disclosed in due course.

The report had said DRB-HICOM former chairman and current managing director Tan Sri Saleh Sulong had given instructions for a position audit to be undertaken on DHIT.

Saleh was said to have given the instructions in the second week of October after DRB-HICOM received an offer for the information technology company.