Yesterday, the New Straits Times reported former Prime Minister Dr Mahathir Mohamad as saying that Proton Holding Bhd’s cash reserves had fallen from a high of RM4 billion to a staggering low of RM600 million to help cut company losses.
Guan Eng calls for RCI into Proton plunge in cash reserves
Yesterday, the New Straits Times reported former Prime Minister Tun Dr Mahathir Mohamad as saying that Proton Holding Bhd’s cash reserves had fallen from a high of RM4 billion to a staggering low of RM600 million to help cut company losses.
Proton: DAP urges royal panel on Dr M’s claims of mismanagement
KUALA LUMPUR, Feb 8 — Putrajaya must investigate claims made by Tun Dr Mahathir Mohamad that national carmaker Proton has incurred a whopping RM3.4 billion loss in its cash reserves due to mismanagement, the DAP said today. The party’s secretary-general Lim Guan Eng urged the Najib administration to set up a royal commission of inquiry (RCI) to ...
Canadian Markets: Canadian stocks slip as Greek debt talks hit snag
Canadian stocks are weighed by worries over delays in Greece’s debt talks on Monday, but manage to find some support from positive economic news at home.
Cowgate, ‘jambu’ and the changing political ground
FEB 9 — It is entirely possible that Datuk Seri Shahrizat Abdul Jalil and her family are innocent of any wrongdoing in the RM250 million National Feedlot Corporation (NFC) scandal, and will be exonerated by the Malaysian Anti-Corruption Commission (MACC) after investigations are complete.