HI Mobility positioned to gain from Malaysia’s EV bus initiative; Acquires Handal BCM, Acacia Motor

Reported on November 13, 2025, CIMB Securities Sdn Bhd noted that HI Mobility Bhd stands to gain from Malaysia’s electric bus program, which is backed by the Finance Ministry’s MYR 1.9 billion allocation for EV and diesel bus enhancements.
The company is expanding into commercial vehicle assembly and distribution thr....

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