Bursa Alert
Global Market
NewsDRB-Hicom in early talks with foreign partners for Proton (1619)
Page 1 of 1
DRB-Hicom in early talks with foreign partners for Proton (1619)
by hlk Thu 20 Sep 2012, 15:42
KUALA LUMPUR: DRB-Hicom Bhd has embarked on initial discussions with a few foreign strategic partners to be paired up with national carmaker Proton Holdings Bhd.
Group managing director Datuk Seri Mohd Khamil Jamil said on Thursday: "This is still a long way to go."
"Now we need to put the house in order first before we can bring in any foreign OEM," he said after the AGM.
Khamil said DRB-Hicom also intends to divest 30% stake of its stake in Bank Muamalat.
"The direction is to complete discussion by year end and then we will present our plans to Bank Negara," he said.
Group managing director Datuk Seri Mohd Khamil Jamil said on Thursday: "This is still a long way to go."
"Now we need to put the house in order first before we can bring in any foreign OEM," he said after the AGM.
Khamil said DRB-Hicom also intends to divest 30% stake of its stake in Bank Muamalat.
"The direction is to complete discussion by year end and then we will present our plans to Bank Negara," he said.
hlk- Moderator
- Posts : 19013 Credits : 45112 Reputation : 1120
Join date : 2009-11-14
Location : Malaysia
Similar topics» DRB-HICOM, Proton lifeline for Lotus (1619)
» DRB-Hicom raises sales target for Proton cars (1619)
» DRB-Hicom to invest RM1bil and accelerate development of Proton City (1619)
» Proton’s shares rally on takeover talks again, DRB-Hicom up
» DRB-Hicom to steer Proton via foreign tie-ups, branding
» DRB-Hicom raises sales target for Proton cars (1619)
» DRB-Hicom to invest RM1bil and accelerate development of Proton City (1619)
» Proton’s shares rally on takeover talks again, DRB-Hicom up
» DRB-Hicom to steer Proton via foreign tie-ups, branding
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum|
|
|