UPDATE 2-Proton revamp seen paving way for foreign partner

Newswire

(Adds details throughout, changes byline) By Patrick Chalmers KUALA LUMPUR, May 27 (Reuters) - Malaysia's top car maker Proton announced plans for a major reorganisation on Tuesday, a surprise move some analysts say will lead to a new foreign partnership. State-controlled Proton (Perusahaan Otomobil Nasional Bhd) said it would establish a new investment holding company to take over its listing status. Prime Minister Mahathir Mohamad started off Proton in 1983 in a drive to accelerate ...

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