SOON after Dr Li Chunrong (pic) took up the challenging job as chief executive officer of Proton Holdings Bhd in October 2017 to rescue the then ailing car company, about 90% of car dealers were up in arms against him.
Dr Li was sent by China’s Zhejiang Geely Holding Group to Kuala Lumpur after the latter purchased a 49.9% stake in Malaysia’s national car company, which was looking for a foreign strategic partner after incurring huge losses and piling up debts for years.
Already a subscriber? Log in.
Get 30% off with our ads free Premium Plan!
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!