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Malaysia

Proton shortlists five bids for equity sale

DRB-Hicom, owner of Malaysian national carmaker Proton, said on September 28 that it has shortlisted five potential foreign partners for a tie-up that includes an equity sale aimed at reviving the loss-making company.
Syed Faisal Albar Syed Ali Rethza Albar, managing director of conglomerate DRB-Hicom, said that it w....

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