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Article: Don't let Proton slow down, it's a highway
- Article from:
- New Straits Times
- Article date:
- September 18, 2009
- Author:
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Shahriman Johari
New Straits Times
09-18-2009
Don't let Proton slow down, it's a highway
Byline: Shahriman Johari
Edition: Main/Lifestyle
Section: Business Times
Column: Comment
Type: Company
IF YOU are feeling a sense of deja vu, I don't blame you. The takeover speculation of national carmaker Proton Holdings Bhd, once the rage in 2006-2007, has resurfaced in the stock market.
The potential buyers of Proton, 43 per cent held by Khazanah Nasional Bhd, are the usual suspects. The list includes Naza Group, Tan Sri Syed Mokhtar AlBukhary's DRB-HICOM Bhd and little-known Yasmin Holdings.
The stock is now up 49 per cent for the past one month, doing much better than the broader market's 4 per cent ...