Johari: Proton’s glory days are back

Significant step: Johari (centre) witnessing the signing between Li (second from right) and Syed Faisal (second from left) in Putrajaya. With them are DRB-HICOM group director, corporate strategy planning and business development Datuk Khalid Abdol Rahman (left) and Geely International Business vice-president Nathan Yu.

PUTRAJAYA: The acquisition of a 49.9% stake in Proton by China’s Zhejiang Geely Holding Group will bring back the “glory days” of Malaysia’s national car, said Second Finance Minister Datuk Seri Johari Abdul Ghani.

He said the strategic business plans that were in store following the sale would help Proton emerge as a “formidable” automotive player in Malaysia and the region.