You are here

Shaken DRB seen seeking RM1.5b state loan

It is at a loss as to how to sustain carmaker Proton; the loan is to assist with new model development

Kuala Lumpur

PROTON Holdings has bled RM2.5 billion (S$831 million) in the four years since it was taken over by DRB-Hicom Bhd, leaving the conglomerate at a loss as to how to sustain the carmaker. Worried about the damage to the group, automotive executives say that DRB-Hicom has turned...

sentifi.com

Market voices on: