DRB-HICOM and Geely Holding Appoint New Board of Directors for PROTON Related Companies and a New CEO - Dr. Li Chunrong

This is a very important bit of news regarding national car manufacturer PROTON. DRB-HICOM Berhad (DRB-HICOM) and Zhejiang Geely Holding Group (Geely) have confirmed the new board structures, part of the executive team for PROTON Holdings Berhad and its related companies (PROTON Group) earlier today. This looks like the the second round after the initial announcement that Geely would be purchasing a 49% stake in Proton Holdings Berhad. 

DRB-HICOM says that all Foreign Strategic Partner Bidders are still in the running - Move along folks, let's just wait till mid-2017.

There have been news recently that Geely, the China auto maker, who is purportedly in the running to become Proton's foreign strategic partner has dropped out of contention. Geely and the French PSA group have been seen as the fore-runners in this exercise and such a news is indeed worrying to some. 

PROTON NOW OFFERS ENHANCED 'YES ALTITUDE 4G' PACKAGE TO ITS CUSTOMERS

Yesterday (Saturday the 15th of January), at the EON AutoFest 2017, Proton has entered into an arrangement with YTL Communications where the original 4G mobile hotspot plan is now upgraded to YES Altitude 4G LTE Smartphone Plan. The new Plan will provide customers with data usage of up to 16GB of 4G LTE per month for a period of 12 months from date of registration, effective from 14 January 2017 onwards.