Proton’s management has prepared a draft response to the joint letter by Tengku Tan Sri Mahaleel Ariff (ex-CEO of Proton) and Tun Dr. Mahathir Mohamed questioning the rationale of the sale of Proton’s 57.75% stake in MV Agusta for 1 Euro (RM4.50).
The response has been forwarded to the board for approval, but Proton head of group corporate communications Yusri Yusuf did not say if Proton would issue the statement today.
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AI-generated Summary ✨
Comments on the blog post reveal mixed reactions to Proton's response strategy, with some expressing frustration over lack of transparency, especially regarding the MV Agusta sale, which they view as a questionable decision. Many believe that Proton's management has mishandled stakeholder questions and criticize the leadership for poor quality control and service standards. There is concern about the future of Proton and Lotus, with some fearing sell-offs and loss of national pride. Others emphasize the importance of leadership integrity and direct engagement from the CEO in addressing issues to regain public trust. Overall, sentiments are largely critical, hoping for clearer communication and better management to rebuild confidence in Proton's decisions and direction.