DRB-Hicom working out plan to remedy Proton’s problems
DRB-Hicom Bhd will announce a working plan to remedy problems faced by national carmaker Perusahaan Otomobil Nasional Bhd (Proton) next month, said its chief operating officer Datuk Seri Che Khalib Mohamad Noh. The plan is paramount and if not implemented could bring serious negative consequences to DRB, a major investor in Proton, said Che Khalib. “Proton is in trouble and if we don’t solve Proton’s problem, not only Proton would go down but the whole DRB will go down,” Che Khalib said after his presentation at the Malaysian Institute of Certified Public Accountant-Bursa Malaysia Business Forum in Kuala Lumpur yesterday. He, however, did not elaborate on the details of the problems faced by Proton. The problems, if not resolved, would affect its 11,000-plus employees and the whole automotive ecosystem surrounding Proton, he said. Meanwhile, a newswire reported yesterday that DRB’s group managing director Datuk Seri Mohd Kamil Jamil said Proton’s performance would have an impact on ...