m





 
Malaysian automobile manufacturer

Headquartered in Shah Alam, Selangor

Founded in 1983

Key person in the formation of this company:

1)Prime Minister, Dr. Mahathir Mohamad.
2) Yahaya Ahmad

ie usahaan
mobil asional

(English: National Automobile Enterprise).
i


Key people :-Dato Syed Zainal Abidin (Managing
Director)

Revenue þ RM8.23 billion MYR 2009

Net income þRM240 million MYR 2009

Total assets þ RM7.52billion MYR 2009

 HISTORY
42% of its equity is owned by a government-owned
company Khazanah Nasional Berhad

Stake was jointly owned by Mitsubishi Motors

Corporation

Mitsubishi Corporation sold its stake in that company.

Market share of over 60% in Malaysia

In 1996, Proton acquired a 63.75% share

èotus Group International èimited for

£40,640,000.

This was later increased to 100% in 2003.

èotus technologies is an ACBN Holdings
(a company owned by the owner of Bugatti)
Proton has gained an additional source of
engineering and automotive expertise.
In December 2005, Proton purchased a majority share in
MV Agusta of Italy at 70 million Euro.

MV Agusta was the manufacturer of MV Agusta,

Husqvarna, and Cagiva motorcycles.

A year later, Proton sold off its 57.7% share in MV Agusta

to Italy's GEVI Spa for a token of 1 Euro. Due to heavy
debt by MV Agusta