KUALA LUMPUR: The failure of the joint-venture project between Proton Holdings Bhd (Proton) and Goldstar Heavy Industrial Co Ltd (Goldstar) in Dongguan, China, has resulted in an estimated loss of US$5.78mil (RM20.44mil) for Proton, Prime Minister Datuk Seri Najib Tun Razak said.
Najib, who is also Finance Minister, said that the losses included the revolving capital in the said joint venture.
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