GERIK (Jan 8): DRB-Hicom Group Managing Director Datuk Seri Mohd Khamil Jamil says he has been looking into Proton for a long time before submitting the proposal last year.
Speaking to reporters here Sunday, he said the focus was on the national car industry rather than the national car company.
Proton was very well equipped to rise above its game given proper handling of the company, he said.
"I think that Proton is capable with the level of technologies and expertise coupled with the products that they have now. With a touch of entrepreneurial approach, Proton is able to reach greater heights.
"If it is a bad company, I won't go after it. I think Proton is a good company, there are a lot of potentials in Proton," he said.
Mohd Khamil said that in the past 24 years, Proton had been doing very well by establishing its name in the local automotive market, and a transformation of the national car company would complement and strengthen the national automotive industry.
He said the price tag for Khazanah's 42.7 percent stake in Proton would have to be within DRB-Hicom's capacity bearing in mind that moving Proton forward would not be easy given the brisk market competition.
"At the end of the day, there is going to be a winning seller and a winning buyer. But it must be at a price that is practical, reasonable and workable," he said. - Bernama
Speaking to reporters here Sunday, he said the focus was on the national car industry rather than the national car company.
Proton was very well equipped to rise above its game given proper handling of the company, he said.
"I think that Proton is capable with the level of technologies and expertise coupled with the products that they have now. With a touch of entrepreneurial approach, Proton is able to reach greater heights.
"If it is a bad company, I won't go after it. I think Proton is a good company, there are a lot of potentials in Proton," he said.
Mohd Khamil said that in the past 24 years, Proton had been doing very well by establishing its name in the local automotive market, and a transformation of the national car company would complement and strengthen the national automotive industry.
He said the price tag for Khazanah's 42.7 percent stake in Proton would have to be within DRB-Hicom's capacity bearing in mind that moving Proton forward would not be easy given the brisk market competition.
"At the end of the day, there is going to be a winning seller and a winning buyer. But it must be at a price that is practical, reasonable and workable," he said. - Bernama
