EDARAN Otomobil Nasional Bhd (EON) and Perusahaan Otomobil Nasional Bhd (Proton) have refuted yesterday a newspaper report that the long drawn out negotiations over their distribution agreement had been terminated.
“The report that Proton may be giving up talks with EON and may terminate a memorandum of agreement (MOA), as well as speculation that Proton may buy over EON's distribution and after-sales service network are incorrect and purely speculative,'' Proton said in response to an MSEB query.