Proton Tanjung Malim,(PTMSB)

Proton Tanjung Malim,(PTMSB) ABOUT PROTON Founded in 1983, it was Malaysia's only carmaker until the establishment of its competitor and arch-rival, Perodua, in 1993.

PROTON is a Malaysian automobile manufacturer headquartered in Subang Jaya and Shah Alam, Selangor, Malaysia, with a manufacturing plant in Tanjung Malim, Perak. Its name is a Malay acronym for Perusahaan Otomobil Nasional. It is a core member of PROTON Holdings Berhad, the holding company which is listed on Bursa Malaysia. A Majority of its equity is owned by Malaysian conglomerate DRB-HICOM, whi

ch bought a 42.74% stake in PROTON Holdings for 1.291 billion ringgit ($413.1 million) from Khazanah Nasional in January 2012. For more than two decades since its establishment, this stake was jointly owned by Mitsubishi Motors and parent Mitsubishi Corp. which each held a 7.93% stake in PROTON until they sold it in March 2004. Mitsubishi disposed of its entire 15.86% stake in PROTON, most of which were picked up by Khazanah Nasional, which previously owned 42.7% of PROTON shares. The Mitsubishi-PROTON partnership was deemed a failure because of the lack of technology transfer.

Address

Proton City
Tanjung Malim
35900

Telephone

05-4578888

Website

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