Zhejiang Geely – a brief insight into Proton’s FSP
At the announcement of the Proton-Geely deal, officials from Zhejiang Geely were present to provide the media with a little insight into the company’s background. Here's a bit of trivia to start: …
Proton-Geely FSP · Page 2
Proton-Geely FSP bidding process, criteria in detail
Now that the Proton-Geely deal has been confirmed, DRB-Hicom took some time after the signing ceremony to explain the bidding process involved in the selection of a foreign strategic partner (FSP) for …
Proton to receive RM1.1 billion as R&D reimbursement
During a Q&A session after the signing of the Geely-Proton deal, second finance minister Datuk Seri Johari Abdul Ghani has said the government will reimburse Proton RM1.1 billion for the amount it …
Proton SUV gets rendered based on Geely Boyue
. It was recently revealed that Proton would be given access to the Geely Boyue SUV platform, as part of its deal with the Chinese automaker. This will see the development of …
Proton-Geely FSP: what Proton offers & what it needs
During the signing ceremony of the Proton-Geely deal, the national carmaker also took the time to list out what it can offer in the partnership. Proton said that with its long-established presence …
Geely: Proton R&D to be a global centre of excellence
Geely isn’t taking things lightly when it comes to elevating Proton as a carmaker, and has revealed it will develop Proton’s R&D to become one of its global centre of excellence. The …
Proton-Geely FSP: Shah Alam operations to relocate to Tg Malim – 250-acre land to be transferred to DRB
During a Q&A session following the signing of the Geely-Proton FSP deal, it has been revealed that Proton will fully relocate its Shah Alam operations to Tanjung Malim within the next five …
Proton-Geely FSP: Volvo assembly in Tanjung Malim?
Earlier today, DRB-Hicom announced that it had reached an agreement with Zhejiang Geely for the Chinese carmaker to acquire a 49.9% equity stake in Proton. Both parties expect to sign the definitive …
Proton-Geely FSP: why the partnership is required
With the Geely-Proton deal now officially confirmed, DRB-Hicom has revealed why the national carmaker requires a foreign strategic partner (FSP), and the reason it decided to sell off Lotus completely. For the …
Proton-Geely FSP: automaker lists out its aspirations
Proton has revealed its aspirations and what it hopes to accomplish from its partnership with Geely. Unsurprisingly, Proton wants to make its return to become the leading automaker in Malaysia by virtue …
DRB-Hicom to sell Lotus in its entirety for £100 million – Geely to acquire 51%, Etika Automotive to buy 49%
The announcement by DRB-Hicom earlier today that it had reached an agreement with Zhejiang Geely for the Chinese carmaker to acquire a 49.9% equity stake in Proton also saw big news about …
Proton to develop its first SUV based on Geely Boyue
Following the announcement of the Geely-Proton agreement, we were treated to a short presentation of Proton’s future plans, which will involve the development of its first-ever SUV. The model will utilise the …
Geely to acquire 49.9% stake in Proton, 51% in Lotus – definitive agreement to be signed before end of July
It’s now official; DRB-Hicom has reached an agreement with Zhejiang Geely for the Chinese carmaker to acquire a 49.9% equity stake in Proton. The deal, which is subject to regulatory and shareholder …
Proton to be acquired by China’s Geely; deal includes purchase of 49% stake plus takeover of Lotus – report
After more than a year of speculation, it has emerged that Geely has agreed to purchase a 49.9% stake in Proton, according to a report by Reuters. Sources told the news agency …
DRB-Hicom request for trading suspension approved – Proton FSP deal announcement to be made soon?
DRB-Hicom appears set to make a material announcement soon. The conglomerate - Proton’s parent company - had its request for trading suspension approved Bursa Malaysia Securities today, pending the release of a …
