Friday 9 December 2011

DRB-Hicom not eyeing Proton

KUALA LUMPUR: DRB-Hicom Bhd has denied a newspaper report that it is looking to secure a substantial stake in Proton Holdings Bhd, and would divest part of the stake to Volkswagen AG.

“In this regard, we wish to inform Bursa Malaysia that the company is not aware of the source and the basis of the article,” it said in a filing with Bursa yesterday.


This article appeared in The Edge Financial Daily, December 9, 2011.



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