DRB-Hicom will take car maker Proton private, and its independence from the government and the public will give it much greater flexibility in making difficult business decisions, a Malaysia-based auto analyst predicts. Government investment company Khazanah Nasional says it is selling its 42.74% in Proton to DRB-Hicom for RM5.50 ($1.75) a share, or RM1.29 billion ($409.9 million). The price values the company at RM3.02 billion ($959.6 million). Khazanah’s sale of its ...

Premium Content (PAID Subscription Required)

"Going Private Could Be Next Step for Malaysia’s Proton, Analyst Says" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Already registered? here.