PDA

View Full Version : Proton chairman steps down?



totoro
04-02-2005, 05:54 PM
http://asia.news.yahoo.com/050204/ap/d881jgkg5.html

keroncong_asli
04-02-2005, 06:32 PM
KUALA LUMPUR : The chairman of state-controlled carmaker Proton Holdings has stepped down over former Malaysian premier Mahathir Mohamad's continuing influence in the company, a report said.

More :-
http://www.channelnewsasia.com/stories/afp_asiapacific_business/view/130823/1/.html

orchipalar
04-02-2005, 08:36 PM
Err...who?...Mahaleel Steps Down?...oh no...its shares would go up or down ar? :eek:

ivanhow
04-02-2005, 09:14 PM
Dr. M being the advisor, has his ways...

AssociatedPress (http://asia.news.yahoo.com/050204/ap/d881jgkg5.html)
Fund managers said the stock market would lose confidence in Proton's efforts to become more competitive and efficient if political considerations were influencing the selection of management.

For the moment, the price of proton shares will drop... like ten pins... time to get a bite lar!
He is well know for dishing out surprises...

AssociatedPress (http://asia.news.yahoo.com/050204/ap/d881jgkg5.html)
"Everyone knows Mahathir is stubborn and overprotective of Proton. The most positive trigger for Proton would be getting rid of those perceptions and personalities, since local and foreign investors are staying away because of them," a local fund manager, who declined to be named told Dow Jones Newswires.
Who knows... maybe we may have Protoza in the making... hehe

Admin note:
Sorry, miss-edited this posting by mistake.

kwchang
05-02-2005, 12:32 AM
Orchi,
Do read at least Screenshots - Mahaleel is the CEO and he is still there. The Chairman is another person.

orchipalar
05-02-2005, 02:15 AM
Err...TQ Chang...Orchi missed that...ok...here is how Orchi sees it...ahem...somebody BIG puts some deliberate pressures n play balls...the chairman resigns...probably sending stocks down sikit...for some party's benefit by paying less per share...to take control or have some say to share the overnight stale piece of pie...?

Ahem...then perhaps dispose of it to some hardup investor for sikit more kar?...or perhaps to rip it apart...make some gains n turn it to scraps?:confused:

Heheheh...actually why the heck Orchi should bother...all stocks sold last monday...no further issue anyway :rolleyes: