Malaysia: DRB-Hicom shareholders approve Proton buy

Malaysian company DRB-Hicom's shareholders have approved the company's acquisition of a 42.74% interest in Proton Holdings. The group will acquire this stake from Khazanah Nasional. The group expects to complete this acquisition within seven days from today, 15 March. Following the acquisition of this stake, DRB-Hicom will own 50.01% of Proton Subscribe to Automotive World … Continued

• By Webmaster
• March 15, 2012