| Malaysia's state investment arm Khazanah Nasional will sell its 42.7 percent stake in national car maker Proton Holdings Bhd to autos-to-property conglomerate DRB-Hicom, the Star newspaper reported on Monday quoting Proton adviser Mahathir Mohamad.
The paper cited ex-Malaysian prime minister Mahathir as saying Khazanah wanted to sell its stake as it would not be investing more in Proton which needed funds for research and development of new products such as hybrid cars...............................................Full Article: Source
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