PETALING JAYA: The joint venture (JV) between Proton Holdings Bhd and Goldstar Heavy Industrial Co Ltd in China is seen as a positive move by analysts, as it should improve the performance of the national carmaker.
DRB-Hicom Bhd
, which owns the national carmaker, announced recently that Proton had entered into a 50:50 JV with Goldstar to expand the Lotus car business in China.
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