PETALING JAYA: The Government has given the management of the national car company, Proton Holdings Bhd, five years to improve its financials, and has described it as crucial for it to get a strategic partner for a turnaround.
International Trade and Industry Minister Datuk Seri Mustapa Mohamed said that Proton needed to repay the RM1.5bil that was injected into the company with cumulative dividends of 4% per annum in the next five years.
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