Volkswagen wants 50% plus 1 share
Proton seems to be a hot item right now. News is that Volkswagen now wants 50% plus 1 share stake in Proton Holdings Bhd, and wants management control. This would make it the majority shareholder […]
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More AP Updates
Rafidah says she is too hurt to reply. But the cabinet wants to hear her side of the story. The ball is in her court. Datuk Seri Najib Tun Razak says she might be asked […]
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Fuel prices are UP again
Fuel prices went up again, effected 12:00AM 31st July 2005. Petrol is up 10 cents, diesel up 20 cents and Liquified Petroleum Gas is up 5 cents.
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No Lotus Involvement in Proton New Engine?
The piece of news was about something else, but I noticed something strange… The possible change of owner is bound to create uncertainty at Lotus, which has just embarked on a 10-year plan to transform […]
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Ford Malaysia to launch new Ford Focus
I remember the previous Focus was launched back in 1999. It won a grand total of 78 automotive awards and was brought into Malaysia by Ford Malaysia in CBU form. I first saw the hot […]
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Volkswagen still keen to buy Proton
Volkswagen and Proton are still in talks and it could end up with Volkswagen AG buying as much as 30% stake in Proton, or nothing at all. Volkswagen and Khazanah Nasional officials met at the […]
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Kleemann APs
The government says that the number of Franchise APs given to recipients are only as much as car makes of the car franchise they can sell.
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The 2004 AP List
The 2004 AP list is out. Khairy says he did not get any APs. Someone connected to Rafidah is pissed off. The government denies the Naza Ria was given national car status.
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Badawi: “Okay, publish all!”
MITI Minister Rafidah Aziz will publish the full list of AP recipients, after our prime minister Abdullah Ahmad Badawi instructed her to publish the full list while he was in South Africa for a 3-day […]
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Badawi: “Proton CEO to be Malaysian”
Hopes of Malaysians for a foreign CEO to steer Proton into a better era is dashed with this statement which our PM gave to Malaysian press during his 3-day visit to South Africa. On Tengku […]
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Mahaleel Down, Proton Shares Up
Proton shares jumped 11 per cent to a high of RM9.35 but later eased to close at RM9.15, an 8.3 per cent gain for the day after it’s board announced it’s on the lookout for […]
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New Proton CEO – Malaysian or Foreigner?
Two candidates have been identified as front-runners for the new top post at Proton replacing Tengku Mahaleel Ariff. They are Hicomobil Sdn Bhd’s chief executive officer Norzahid Mohd Zahudi and DRB-HICOM’s group director for services […]
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Mahaleel Did Not Agree To New Contract
More updates on the Proton CEO issue. Tengku Mahaleel’s contract was not renewed because he did not agree to the new two-year contract the board presented them with.
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Mahaleel Out Of A Job
Proton Holdings Bhd’s board has decided not to renew Tengku Tan Sri Mahaleel Tengku Ariff’s chief executive officer contract which expired September 30. Mahaleel had been in Proton since 1996 when he joined as vice […]
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The AP Saga Chronology
For those who have been in the dark on Rafidah and the AP Saga, here is a nicely compiled chronology of events by The Malay Mail.
