Mustapa confirms Proton's request for funds


KUALA LUMPUR: The International Trade and Industry Minister has confirmed that Proton Holdings Bhd has approached the Government for funding, adding that the request is being studied.

“They have submitted (their request) and it is still a work in progress,” said Datuk Seri Mustapa Mohamed after a dialogue on Malaysia and the Asean Economic Community (AEC) here yesterday.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , proton , funding , government

Next In Business News

YTL Power chases new gas-fired power capacity
AI servers and sensors to uplift MPI performance
Big plans for Kopi Hang Tuah
Malayan Cement outlook improves
Serving up a digital feast
Higher costs to weigh on Gas Malaysia bottom line
KIPing it neighbourly
A positive move
Balancing GST, SST through a hybrid way
Consumer sector reality check

Others Also Read