The memorandum of agreement (MoA) signed last week between Proton Edar Sdn Bhd and Edaran Otomobil Nasional Bhd (EON), under which the latter gives up Proton car distributorship rights for super dealer status, is likely to see EON maintaining its earnings margin in the short term.
Over the long term, however, EON is almost certain to lose a lot of its former privileges.
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