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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.
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