DRB-Hicom Bhd , which is the parent company of Proton Holdings Bhd, was up two sen to RM2.25 following the announcement.
PETALING JAYA: Shares in foreign car distributors slipped in an immediate reaction to Prime Minister Tun Dr Mahathir Mohamad’s statement that the government is considering limiting the access of foreign cars into the local market.
The Malaysian Automotive Association (MAA), in response to the prime minister’s announcement, said the move would be “regressive” for the industry.
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