MCA: No need for third national car, just improve Proton

DRB-Hicom Bhd , which is the parent company of Proton Holdings Bhd, was up two sen to RM2.25 following the announcement.

PETALING JAYA: Instead of developing a third national car, Tun Dr Mahathir Mohamad can choose to transform the existing national car brand, said MCA Youth vice-chairman Nicole Wong.

Malaysia still owns 50.1% of Proton’s majority stake while Geely holds 49.9%.