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.