Proton Holdings Bhd CEO Tengku Mahaleel Ariff reportedly has been ousted from his post following a series of disagreements with the Malaysian national car company’s board of directors. Mahaleel recently criticized the government for reducing car tariffs that protect the auto maker from foreign competition. (See related story: Proton Board Calls Chairman to Task for Press Report) Proton Chairman Mohammed Azlan Sashim says the board decided not to renew Mahaleel’s current contract and that ...
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