Malaysia also ends talks over GM-Proton alliance

Newswire

KUALA LUMPUR, Nov 20 (Reuters) - Malaysia's state investment arm, Khazanah, has ended talks with General Motors and Volkswagen over possible alliances with state-controlled auto firm Proton , Khazanah said on Tuesday. "The government of Malaysia has taken note of the recent positive developments at Proton, in particular the improvement of domestic sales and exports," Khazanah said in a statement. "The government is, therefore, of the view that Proton's management should be allowed to ...

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