JUST a week after giving an ultimatum in terms of what Proton must do to receive more Government funding, the Cabinet yesterday approved a soft loan of RM1.5bil in which a bulk of that money will be used to pay its vendors.
The Government also says a number of conditions will be imposed on Proton to rehabilitate the company. The statement by Minister of International Trade and Industry Datuk Seri Mustapa Mohamed says Proton needs to convince the Government its new business model is progressive and competitive.
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The Government also says a number of conditions will be imposed on Proton to rehabilitate the company. The statement by Minister of International Trade and Industry Datuk Seri Mustapa Mohamed says Proton needs to convince the Government its new business model is progressive and competitive.
For Free Signals and other KLSE online updates, click here OR Give A Missed Call : +60350219047 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my
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