Proton to announce strategic partner earliest by April: CEO


Proton chief executive officer Datuk Ahmad Fuaad Kenali

SHAH ALAM: Proton Holdings Bhd aims to announce its foreign strategic partner in April, or the latest by end-June, its chief executive officer Datuk Ahmad Fuaad Kenali said.

He said currently there are three final shortlisted potential foreign strategic partners that are doing due diligence process on Proton.

"It is a complex transaction for a complex industry and this will surely takes time.

"And when they come out with their proposals later on, we still have to do a lot of clarification, evaluation, and perhaps negotiations," he added.

He said this at a press conference here on Thursday after Proton received the accreditation as a one-stop centre for the National Dual Training System programme.

The programme was endorsed by the Ministry of Human Resources and the Department of Skills Development for skills training in automotive. - Bernama


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