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Proton to announce foreign startegic partner

Thursday, 26 January 2017

SHAH ALAM: Proton Holdings Bhd aims to announce its foreign strategic partner in April, or the latest by end-June, its chief executive officer Datuk Ahmad Fuaad Kenali said.

Currently there are 3 final shortlisted potential foreign strategic partners that are doing due diligence process on Proton.

“It is a complex transaction for a complex industry and this will surely takes time.

“And when they come out with their proposals later on, we still have to do a lot of clarification, evaluation, and perhaps negotiations,” he added.

Source by: Internet

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