Malaysian Government Has No Plans to Buy Back Proton From Geely, Says Prime Minister Tun Mahathir
Malaysia’s newly formed federal government has no intention of buying back Proton from China’s automotive giant, Zhejiang Geely Holdings Group. “Proton does not belong to the government. Proton is owned by Syed Mokhtar (Tan Sri Syed Mokhtar Albukhary)…Whether he wants to buy it back or not, it is up to him. The government has no intention to buy back Proton,” Tun Dr Mahathir Mohamad said during a recent press conference.






