KHAZANAH Nasional Bhd and Petroliam Nasional Bhd (Petronas) have been granted a waiver by the Securities Commission from having to extend an offer to acquire the remaining shares of Proton Holdings Bhd they do not own, following a reorganisation of Perusahaan Otomobil Nasional Bhd (Proton).
Proton Marketing Sdn Bhd and Proton Hartanah Sdn Bhd have also been granted exemption from having to acquire the remaining 45% voting shares in Proton Parts Centre Sdn Bhd and 60% of Proton City Development Corp Sdn Bhd voting shares.