Up to RM3bil needed to develop new models

PETALING JAYA: Proton Holdings Bhd is seeking up to RM3bil in development funding from the Government and Petroliam Nasional Bhd (Petronas).

However, the national car manufacturer – which has appointed Datuk Abdul Harith Abdullah as acting chief executive officer (CEO) to replace Datuk Lukman Ibrahim – has not been successful with its efforts thus far.