Malaysia Proton says will not renew CEO contract

Newswire

KUALA LUMPUR, July 25 (Reuters) - Malaysia's largest car maker, Proton Holdings Bhd , said on Monday it will not renew the contract of Chief Executive Tengku Mahaleel Tengku Ariff for another term. Tengku Mahaleel would retire from Sept. 30 and would be on leave from July 26, Proton said in a statement.

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