There are reports of competing bids for 32% of Malaysian national car maker Proton Holdings Bhd held by the government investment arm and largest Proton shareholder Khazanah Nasional Bhd. The Business Times says the Naza Group is making a joint bid with Yasmin Holdings Sdn Bhd, but quotes an unnamed source as saying Khazanah has told Naza it is uninterested in selling its stake for now. The Star newspaper says DRB-Hicom Bhd also has put in a bid for the 32% of Proton held by Khazanah. It ...
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