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Published: Thursday September 20, 2012 MYT 2:21:00 PM
DRB-Hicom in early talks with foreign partners for Proton
By Choong En Han
KUALA LUMPUR: DRB-Hicom Bhd has embarked on initial discussions with a few foreign strategic partners to be paired up with national carmaker Proton Holdings Bhd.
Group managing director Datuk Seri Mohd Khamil Jamil said on Thursday: "This is still a long way to go."
"Now we need to put the house in order first before we can bring in any foreign OEM," he said after the AGM.
Khamil said DRB-Hicom also intends to divest 30% stake of its stake in Bank Muamalat.
"The direction is to complete discussion by year end and then we will present our plans to Bank Negara," he said.
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