Proton likely to announce foreign strategic partner soon


Proton’s plant in Tanjung Malim, Perak. Reports say the national carmaker has shortlisted three foreign companies to be its strategic partner, with due diligence expected to be done on the interested parties this month.

THE clock is ticking for Proton Holdings Bhd as its quest to find a foreign strategic partner reaches a fast-approaching deadline.

Based on reports, the national carmaker, which has until the end of this quarter to find a strategic partner, could be making an announcement on this matter by as early as February.

Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , DRB-Hicom , Proton , strategic partner

   

Next In Business News

Ringgit maintains stronger footing at the close
Gagasan Nadi Cergas to acquire student hostel concession for RM185mil
F&N ends FY24 with higher net profit of RM542.77mil
Bursa Malaysia reverses early losses to end higher ahead of MPC outcome
Proton October sales up 13.6%, YTD hits 125,557 units
TCS secures RM86.38mil construction contract from Sime Darby Property
Oil trades in tight range ahead of US election
China shares jump, dollar skittish with all eyes on US Election Day
Bank Negara unveils key principles to harness Islamic finance for economic growth
Aneka Jaringan unit secures RM39mil contract for KL project

Others Also Read