Tok Pa: Geely deal is good for Proton


PETALING JAYA: The acquisition of a 49.9% stake in Proton by China’s carmaker Geely will open a bigger market for Proton cars as well as allow Proton to tap into the Chinese automaker’s technology, Datuk Seri Mustapa Mohamed said.

In welcoming the partnership with DRB-Hicom, the International Trade and Industry Minister said the deal would enable Proton to access the existing markets of the Chinese carmaker, especially in China as well as right-hand drive markets in South-East Asia.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Automotive , geely , proton , drb-hicom

Next In Nation

Highest in history: Prasarana records over 1.54 million passenger trips for New Year's Eve
Police report lodged over FB post allegedly defaming Perlis Royal Institution
NRD receives 50 applications for Baba Nyonya ethnic status, 11 approved
Anwar calls for transparent, orderly Ramadan bazaars
Cheras cops nab suspect in molest probe
Don't allow admin failures to criminalise compliant doctors, says MMA
PAS-Bersatu ties strong, says Hadi, as calls for Muafakat Nasional revival grow
Seven siblings receive MyKad after years of waiting
Scenic CEO aims to boost Sabah's creative industry
Sabah Parks bans single-use plastic bags effective Jan 1

Others Also Read