KLIMS: 2025 Perodua EMO-II EV Concept preview in Malaysia, price less than 90k with more unique features
KLIMS: 2025 Kia Sportage preview in Malaysia with price starts at RM149k: CKD assemble and launch next year
KLIMS: 2025 Nissan Kicks e-Power launch in Malaysia, price less than Honda HRV e:HEV and Corolla Cross HEV. Worth to buy?
Home News Auto News Proton Gets Final RM250m In Aid From Government Proton Gets Final RM250m In Aid From Government Auto News Hans | August 19, 2016 11:22 am In a filing to Bursa Malaysia made late yesterday, DRB-Hicom Bhd announced that its subsidiary Proton Holdings Bhd. has received RM250 million in financial aid, the final tranche of the RM1.5 billion soft loan granted by the Ministry of Finance.The soft loan will be granted in the form of redeemable convertible cumulative preference shares (RCCPS), issued by Proton Holdings to Govco Holdings Bhd, a company owned by Minister of Finance Incorporated, at a price of RM1 each.Earlier in June, the government announced that it will be granting Proton RM1.5 billion in soft loan. Initially, it was said that the loan will be given in three tranches. The initial RM1.25 billion was given out on 7-June, and yesterday’s announcement represented the final tranche.Earlier reports have quoted Proton chairman Datuk Seri Syed Faisal Albar as saying that the soft loan will be used to pay its vendors, and that Proton does not need any further financial assistance after this.In June, Proton launched the all-new Perdana. The model is adapted from the previous generation Honda Accord. Later this month, Proton will be launching the all-new Proton Persona, while an all-new Proton Saga and an unnamed MPV that will be based on the Suzuki Ertiga will round up Proton’s product renewal efforts. ✕ Let's Connect on Whatsapp We protect your personal information in compliance with the PDPA I agree with Carlist.my Terms of Use and Privacy Policy. I agree to receive personalised communication from Carlist.my and its car sellers, business affiliates and partners. Check out the best car deals in town! Prev Next Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price. Related Tags Proton Print Related News Proton Expects Better Fortunes In 2016 Auto News Hans | June 30, 2015 2014 has been a washout year for Proton and 2015 isn't looking good for the national carmaker. Total sales for calendar year 2014 reached a new low ... Proton Enters Joint Venture With China's Goldstar Auto News Hans | June 30, 2015 Proton has entered tripartite joint venture agreement with Britain's Lotus Group International Limited and China's Goldstar Heavy Industrial Co. Ltd. ... 30 Years of Proton – Tracing Back To A Time When Malaysians Cheered For Proton Insights Hans | July 13, 2015 Proton, that one word which mere mention in any headline on any publication will elicit strong, emotionally charged responses, be they for or against ... Remembering The Late Datuk Gurcharan Singh – A True Malaysian Who Made Proton A Success In The ‘80s. Insights Hans | October 22, 2020 On this day 30 years ago, Tun Dr. Mahathir launched the first Proton Saga. The first production Saga, bearing registration number Proton 1 was given ... Comments
Proton Gets Final RM250m In Aid From Government Auto News Hans | August 19, 2016 11:22 am In a filing to Bursa Malaysia made late yesterday, DRB-Hicom Bhd announced that its subsidiary Proton Holdings Bhd. has received RM250 million in financial aid, the final tranche of the RM1.5 billion soft loan granted by the Ministry of Finance.The soft loan will be granted in the form of redeemable convertible cumulative preference shares (RCCPS), issued by Proton Holdings to Govco Holdings Bhd, a company owned by Minister of Finance Incorporated, at a price of RM1 each.Earlier in June, the government announced that it will be granting Proton RM1.5 billion in soft loan. Initially, it was said that the loan will be given in three tranches. The initial RM1.25 billion was given out on 7-June, and yesterday’s announcement represented the final tranche.Earlier reports have quoted Proton chairman Datuk Seri Syed Faisal Albar as saying that the soft loan will be used to pay its vendors, and that Proton does not need any further financial assistance after this.In June, Proton launched the all-new Perdana. The model is adapted from the previous generation Honda Accord. Later this month, Proton will be launching the all-new Proton Persona, while an all-new Proton Saga and an unnamed MPV that will be based on the Suzuki Ertiga will round up Proton’s product renewal efforts. ✕ Let's Connect on Whatsapp We protect your personal information in compliance with the PDPA I agree with Carlist.my Terms of Use and Privacy Policy. I agree to receive personalised communication from Carlist.my and its car sellers, business affiliates and partners. Check out the best car deals in town! Prev Next Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price. Related Tags Proton
Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price.
Proton Expects Better Fortunes In 2016 Auto News Hans | June 30, 2015 2014 has been a washout year for Proton and 2015 isn't looking good for the national carmaker. Total sales for calendar year 2014 reached a new low ...
Proton Enters Joint Venture With China's Goldstar Auto News Hans | June 30, 2015 Proton has entered tripartite joint venture agreement with Britain's Lotus Group International Limited and China's Goldstar Heavy Industrial Co. Ltd. ...
30 Years of Proton – Tracing Back To A Time When Malaysians Cheered For Proton Insights Hans | July 13, 2015 Proton, that one word which mere mention in any headline on any publication will elicit strong, emotionally charged responses, be they for or against ...
Remembering The Late Datuk Gurcharan Singh – A True Malaysian Who Made Proton A Success In The ‘80s. Insights Hans | October 22, 2020 On this day 30 years ago, Tun Dr. Mahathir launched the first Proton Saga. The first production Saga, bearing registration number Proton 1 was given ...