PETALING JAYA: Zhejiang Geely Holding Group Co Ltd’s (Geely) wholly-owned subsidiary, Geely International (Hong Kong) Ltd (GIHK) has completed the transfer of its entire equity interest in Proton Holdings Bhd.
In a filing with Bursa Malaysia, DRB-HICOM said the transfer comprised 547.2 million ordinary shares, representing 49.9% equity interest in Proton to its affiliate, Linkstate Overseas Ltd, pursuant to the completion of an internal restructuring in Geely group.
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