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The Tiger That Lost Its Roar: Order Here!
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Showing posts with label
DRB-Hicom
.
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Showing posts with label
DRB-Hicom
.
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Saturday, June 03, 2017
PM Dato’ Seri Najib Razak must ensure that proceeds of assets stripped from Proton must be used to repay the Government’s RM1.5bn soft loan and not siphoned by shareholder, DRB-Hicom
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Yesterday, the Prime Minister, Dato’ Seri Najib Razak was absolutely right to ask the question, “will you retain a loss-making company?”, in...
Thursday, June 01, 2017
Government soft loan to Proton must be recalled with immediate effect unless the “new” Proton shareholders jointly and severally guarantee the RM1.5bn loan
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Two days ago I had raised the concern that despite Geely’s acquisition of 49.9% of Proton from DRB-Hicom, the Government may ultimately end ...
Tuesday, May 30, 2017
Will we be left with a skeletal Proton, stripped of its assets?
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The Second Finance Minister, Dato’ Seri Johari Abdul Ghani announced that the Ministry of Finance (MoF) agreed to pay RM1.1 billion in “rese...
Monday, May 29, 2017
Did the Malaysian Government effectively pay Geely to acquire Proton?
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After more than a decade of tie-up talks with car manufacturers around the world, including repeated on-off talks with Volkswagen, Proton fi...
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