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Proton · Page 149

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Proton denies knowledge of GM bid

Proton Holdings Berhad issues a statement to the media denying any awareness of an approach by General Motors to take up a stake in Proton. Proton says any matter of stakeholding is …

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Sime Darby has no plans to bid for Proton

Local conglomerate Sime Darby has announced that it has no plans to bid for Proton, reports the Associated Press quoting a senior executive who does not wish to be named as he …

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Government to announce Proton partner in March

The issue of taking over the government's investment arm Khazanah Nasional's stake in Proton continues to make the news, with the most recent update saying that a decision will be announced sometime …

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DRB-HICOM explains 32.9% stake proposal rationale

DRB-HICOM has presented their rationale for their proposal to buy 32.9% of Proton to the Cabinet commitee on transportation last Monday. Among DRB-HICOM's plans for Proton if the government allows them to …

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Proton Volkswagen updates: due diligence audit?

A report from AP says that Volkswagen AG may conduct a due diligence audit on Proton as discussions on a possible tie-up including stake transfer progresses further. Recent newspaper reports have suggested …

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Proton to sell CBU cars in Indonesia

Here's Proton's plans to increase market share in Indonesia. For the moment, PT Proton Edar Indonesia will sell CBU (fully imported from Malaysia) sedans in the 1.3 litre to 1.8 litre capacity …

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Proton extends agreements

Proton has once again extended it's three running agreements with Mitsubishi Motors Corp Japan, Chery Automobile Co Ltd and Alado Corporation Sdn Bhd. The Memorandum of Understanding between Proton and Mitsubishi has …

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Proton Quarter 2 2006 Results

Proton's Quarter 2 2006 financial results have just been posted on the Bursa Malaysia announcement page, and the figures are still in red. Losses before tax for Quarter 2 2006 is RM …

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EON Dealers want EON-Edar merger

The EON Dealers Association of Malaysia (EDAM) is supportive of a merger between EON and Proton Edar, as the current market situation has caused 80% of EON dealers to be unprofitable losing …

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2007 Proton Savvy facelift at A1 GP Sepang

Proton showed us a sneak preview of the upcoming Proton Savvy facelift at the recent 2006 A1 Grand Prix event in Sepang. This photo is from a paultan.org visitor from Savoc.net. While …

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Proton Satria Neo A1 Special Edition

PROTON and A1 Team Malaysia unveiled the Proton Satria Neo A1 Team Malaysia Special Edition yesterday, a model that was developed with intention to go on sale next year. There are no …

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Proton Stake Purchase Updates

Here are some due updates on the few companies that might end up as a new stakeholder in Proton, as well as have a controlling stake in it's manufacturing arm. Mofaz Mofaz …

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DRB-HICOM wants to help Proton

DRB-HICOM explained to the media yesterday the rationale behind it's proposal to the government to purchase Proton shares owned by Khazanah Nasional. The proposal was on a preliminary level, and submitted a …

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Nice Proton Savvy bodykit

I spotted this very nice kitted out black Proton Savvy at the Mentari Business Park in Sunway this afternoon. Looks pretty nice, the owner went around what's considered one of the Savvy's …