DRB-Hicom: All Proton FSP Bidders Still In The Running

DRB-Hicom has released a statement saying that all bidders are still in the running to be selected as Proton's foreign strategic partner.

"Our intent is to turn around the fortunes of PROTON. There are strengths and capabilities of the carmaker that, given a new proven partner that can offer technology, capabilities and new markets, will push PROTON as a brand to be reckoned with. This is why our evaluation of the bidders needs to be a detailed one. PROTON and the incoming FSP must be able to create synergies that will ensure the success of this venture," said DRB-Hicom Group Managing Director, Dato' Sri Syed Faisal Albar.

He added, "We are going through the tail-end of this meticulous process, and we are looking forward to completing this search by the end of the first half of this year."