Proton Holdings Bhd rose in Kuala Lumpur trading after Bloomberg News reported that General Motors Co had begun partnership talks with Malaysia’s national carmaker, citing two unidentified people familiar with the matter.
The stock rose 1.2 per cent to RM4.09 at 9.16am local time. Separately, the Star newspaper reported that Volkswagen AG may partner Malaysia’s DRB-Hicom Bhd. to buy a controlling stake in Proton, citing an unnamed person familiar with the matter. -- Bloomberg
The stock rose 1.2 per cent to RM4.09 at 9.16am local time. Separately, the Star newspaper reported that Volkswagen AG may partner Malaysia’s DRB-Hicom Bhd. to buy a controlling stake in Proton, citing an unnamed person familiar with the matter. -- Bloomberg
