The Edge Weekly reports that the latest company to express interest in buying Proton shares is the Mofaz Group, a company that sells imported cars in Malaysia.
In other news, investors are still skeptical about Proton’s ability to turn around. HLG Research maintains it’s sell position on Proton shares, saying it needs foreign participation to compete globally.
Nevertheless, Proton sales in foreign markets such as UK have been slowly but surely improving, with sales in September 2006 for the Uk market doubling despite car registrations dropping by 3.5%. The Proton Satria Neo will be launched in the UK market early next year.