MD: Proton is still a national brand


DRB-HICOM Berhad Group managing director Datuk Seri Syed Faisal Albar at the annoucement of new strategic partner for proton in Putrajaya.MOHD SAHAR MISNI/The STAR

PETALING JAYA: The selling of a 49.9% stake of Proton Holdings Bhd to a China-based company does not equate to a sell-out, said DRB-Hicom Bhd group managing director Datuk Seri Syed Faisal Albar.

The sale of the stake to Zhejiang Geely Holding Group Co should not be seen as that because Proton is a private entity, he said.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


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!
   

Next In Nation

RM1.2mil subsidised diesel smuggled through Bukit Kayu Hitam daily, says JPJ
Ex-Sabah CM claims confidence in state AGC low, calls for revamp
PAS questions why 'Pinkfish Express' event allowed on chartered train
Govt launches ‘1 Rumah, 1 Jalur Gemilang’ initiative
Malaysia one of the first countries to distribute Nusuk Haj Card
Govt condemns death threat against Teresa Kok, says Fahmi
Man with disabilities charged with sexually assaulting teenager
Man who tried to snatch firearm from police station was drunk, says Penang top cop
Intensify efforts to help small and medium companies expand overseas market, says Anwar
Seputeh MP Teresa Kok receives death threat, bullets in the mail

Others Also Read