06.12.2011 - Khazanah’s divestment of Proton will be tricky
Stemming from the perceived success of its divestments in Time dotCom Bhd and POS Malaysia Bhd, Khazanah Nasional Bhd is said to be looking to do the same with its controlling stake in Proton Holdings Bhd. If that is true (Khazanah has declined to comment on the rife speculation on its planned Proton sale), this divestment is going to be one of its trickiest thus far. Unlike Time dotCom and POS (which are involved in more simpler businesses one which essentially earns it money by providing high-speed Internet access and the other by providing postal services and adding on services such as financial products), Proton is in a cut-throat industry that has seen many giants collapse over the years...............................................Full Article: Source
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