July 28, 2017 12:06 AM ET

Automobiles

Company Overview of Proton Holdings Bhd.

Company Overview

Proton Holdings Berhad, through its subsidiaries, manufactures, assembles, and sells motor vehicles and related products priamirly in Malaysia. It also involves in the importation, distribution, and wholesale of motor vehicle and related parts; development and management of properties, as well as provides engineering consultancy, after-sales services, financing, and vehicle engineering services. The company’s portfolio of PROTON models include the Saga, the Persona, Gen.2, Savvy, Satria Neo, the Exora, and the Inspira, as well as Lotus sportscar brand comprising Elise, Exige, Europa, and the Evora. It exports its products to approximately 25 countries. The company was incorporated in 1983 an...

PROTON Centre of Excellence

KM 33.8 Westbound Shah Alam Expressway

Subang Jaya,  47600

Malaysia

Founded in 1983

Phone:

60 3 8026 9741

Fax:

60 3 8026 9744

Key Executives for Proton Holdings Bhd.

Chief Executive Officer and Executive Director
Age: 47
Group Managing Director and Executive Director
Age: 61
Head of Group Finance
Chief Executive Officer of Lotus Group International Limited UK
Chief Executive Officer MV Agusta Motors SpA (Italy)
Compensation as of Fiscal Year 2017.

Proton Holdings Bhd. Key Developments

Proton Launches Refreshed Iriz Hatchback in Malaysia

Proton has launched a refreshed version of the Iriz hatchback in Malaysia. The vehicle is powered by a choice of two engines, 1.3 litre or 1.6 litre. The engines are mated to either a five-speed manual transmission or continuously variable transmission (CVT). The new Iriz features an improved noise, vibration, and harshness (NVH) level, an eco-drive assist indicator, and a refined engine control unit (ECU) calibration that provides linear response for improved drivability. The vehicle also features various interior and exterior cosmetic updates.

Proton Holdings Received Interest From Other Investors

Proton Holdings Bhd. had received a number of interests from other firms to acquire the firm or elements of its manufacturing capacity.

Geely To Reportedly Acquire Proton

Zhejiang Geely Holding Group Co., Ltd. has reportedly agreed to buy Proton Holdings Bhd. from DRB-HICOM Berhad's (KLSE:DRBHCOM), beating out rival bidder Peugeot S.A. (ENXTPA:UG). Zhejiang Geely will acquire 49% stake in Proton.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
May 24, 2017
Lotus Advance Technologies Sdn Bhd
Private Placement
May 24, 2017
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