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Latest News For proton
Malaysian carmaker Proton's new owner said Wednesday it would consider spinning off the company's money-losing Britain-based sports car unit Group Lotus.
Malaysia's state investment arm Khazanah Nasional said on Monday it had sold its 42.7 percent stake in struggling national automaker Proton to leading car distributor and importer DRB-HICOM.
* Biggest divestment so far for Khazanah * Deal is for cash at 5.50 ringgit per Proton share * Analysts keen to see if Lotus will be sold off By Niluksi Koswanage KUALA LUMPUR, Jan 16 (Reuters) - Malaysia's ...
Billionaire Syed Mokhtar Al- Bukhary?s DRB-Hicom Bhd. agreed to buy Lotus sportscar-owner Proton Holdings Bhd. for 1.29 billion ringgit ($410 million), in Malaysia?s biggest automotive takeover since 2000.
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