Bloomberg News

DRB-Hicom Plans to Renew, Boost Proton Products After Takeover

January 24, 2012

Jan. 18 (Bloomberg) -- DRB-Hicom Bhd. said its priority is to renew and boost Proton Holdings Bhd.’s products following its takeover of Malaysia’s national carmaker.

This includes giving emhasis to hybrid and electric vehicles in response to the government’s call for innovation and green technology, DRB Managing Director Mohd Khamil Jamil said in a note to staff today, which was released to the media. The acquisition could take two months to complete, he said.

To contact the reporter on this story: Chong Pooi Koon in Kuala Lumpur at pchong17@bloomberg.net

To contact the editor responsible for this story: Barry Porter at bporter10@bloomberg.net


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