| The Malaysian government plans to inject up to 1.25 billion ringgit ($307 million) into Proton Holdings Bhd. by subscribing to convertible debt to be issued by the auto maker, Proton’s owner DRB-Hicom Bhd said Monday.
If the government chooses to fully convert the debt into shares, it could become Proton’s largest shareholder again. Malaysia’s sovereign-wealth fund Khazanah Nasional Bhd. sold its majority stake in the national car maker to Malaysian conglomerate DRB-Hicom for about $412 million in 2012...............................................Full Article: Source
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