News: DRB-Hicom best buyer for Proton stake: Mahathir

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4 comment(s). Last comment by valueinvestor 2011-12-12 20:27

Jake

493 posts

Posted by Jake > 2011-12-12 13:42 | Report Abuse

More than meets the eye...

stephenlee

423 posts

Posted by stephenlee > 2011-12-12 17:19 | Report Abuse

Taxpayers are bleeding in this country as proton is not competitive at all if not protected by the Govt in this country. Proton may go bankrupt if govt open up the market to competitive with NAZA group of companies.

sure88

31 posts

Posted by sure88 > 2011-12-12 17:38 | Report Abuse

Tun don't forget you bought back MAS shares from TR at $8 when it was trading at $5 and Proton sold Agusta at 1 euro.. Proton does not need fresh funds but instead needs to collaborate with a reputable producer as well as a new direction. If the present management remains status quo , Proton will never change and would require govt support and protection for another 25 years.

valueinvestor

641 posts

Posted by valueinvestor > 2011-12-12 20:27 | Report Abuse

Like what Sime Darby did in E &O acquisition, DRB-Hicom may buy a 30% stake only in Proton and can avoid a GO for the rest of the shares. :-)

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