PROTON Holdings Bhd is awaiting approval from the Indonesian authorities to acquire from the Lippo group a manufacturing plant near Jakarta, said chief executive Tengku Tan Sri Mahaleel Tengku Ariff.
He said the national car maker had identified the plant, which has an annual production capacity of about 40,000 to 50,000 units, about six months ago.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
