Southeast Asia • STORY OF THE DAY • May 24, 2017 • 2 min read
Chinese firm purchases 49.9% stake in Malaysia’s national carmaker
By
Euan Black
• May 24, 2017
The Malaysian business conglomerate DRB-Hicom has finally found a foreign firm to help restore Proton to its former glory
Malaysia's second minister of finance Johari Abdul Ghani (C) witnesses the signing of an agreement between DRB-HICOM and China-based Zhejiang Geely Holding Group, 24 May 2017. Photo: EPA/Fazry Ismail


