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Proton must be protected at all cost


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#1
miketo68my

Posted 12 January 2005 - 11:08 PM

miketo68my

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Khazanah Nasional Bhd has 43%. If we add others like EPF, PNB, and the
malaysian public...it is obviously that MALAYSIANS own Proton so proton
cannot be allowed to fall regardless of AFTA.....long live proton.


From the Star today:

KHAZANAH Nasional Bhd has bought an 8% stake in Proton Holdings Bhd for
RM387.72mil a source close to the deal said yesterday.

The seller is Japan's biggest trading house Mitsubishi Corp and the deal
was brokered by investment bank CIMB Bhd. “Khazanah had wanted to do this
for a long time but Mitsubishi had wanted a certain price,” the source
said.

The purchase raised Khazanah's stake in Proton to about 43%. The state
investment agency bought 4.3% of Proton from Mitsubishi Motors Corp in
March 2004.

Stock exchange data showed that 43.56 million Proton shares changed hands
minutes before the stock market closed yesterday. The data did not
identify the buyer or seller.

The deal was done at RM8.90 a share, which is a 1.7% premium over
Proton's closing price of RM8.75.

In October 2004, Proton and Europe's largest carmaker Volks-wagen AG
agreed on a partnership deal to assemble the German carmaker's vehicles
in Malaysia.



#2
rikeys

Posted 12 January 2005 - 11:22 PM

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Stock exchange data showed that 43.56 million Proton shares changed hands
minutes before the stock market closed yesterday. "The data did not
identify the buyer or seller."

What's this hanky panky at KLSE! "The data did not identify the buyer or
seller."





#3
R40s

Posted 12 January 2005 - 11:49 PM

R40s

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Original Poster : miketo68my
Original Post : Khazanah Nasional Bhd has 43%. If we add others like EPF,
PNB, and the
malaysian public...it is obviously that MALAYSIANS own Proton so proton
cannot be allowed to fall regardless of AFTA.....long live proton.
------------------------------------
My worst nightmare may bcomes reality! Dead

So we all end up as RELUCTANT shareholders of Potong. We need to buy
Potong cars at all costs, even if it's a junk and look like a kereta-
lembu with Minangkabau roof! (remember LAT's cartoon on potong car) Crying



#4
TsLeng

Posted 13 January 2005 - 09:50 AM

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>>
Khazanah Nasional Bhd has 43%. If we add others like EPF, PNB, and the
malaysian public...it is obviously that MALAYSIANS own Proton so proton
cannot be allowed to fall regardless of AFTA.....long live proton.
<<



Disapprove

#5
brusli

Posted 13 January 2005 - 12:33 PM

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Hahahaha....congratulations to ALL Proton Bashers here!!!!!!

You all ended up becoming the biggest shareholder of Proton... whom you
all 'kutuk kao kao' day n night.... whether you like it or not.

Its like you hate you child, to the extend that you want to disown
him/her, but no matter what, the child still yours....

Congratulations again!!!!!!Big SmileBig Smile

#6
wetworks

Posted 13 January 2005 - 12:44 PM

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The gomen and thus the public also control PLUS biggest screwer of toll
from public. Also PUAS supplier of dirty water. Also UEM builders builder
of high cost public projects. Why are we screwing ouselves?

#7
surfpg

Posted 13 January 2005 - 02:31 PM

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Why are we screwing ouselves?


because M'sia Bolih mentality mar!

Big Smile

#8
ranii

Posted 13 January 2005 - 05:39 PM

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Because cannot screw other people, screw own people lah!
You think Australians, British, Middle Eastern, Americans so stupid let
Ploton screw ah?



#9
brusli

Posted 13 January 2005 - 06:40 PM

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ranii
"Because cannot screw other people, screw own people lah!
You think Australians, British, Middle Eastern, Americans so stupid let
Ploton screw ah? "

You may be right, ranii. I cant find any other sensible explanation.




#10
JCMF

Posted 13 January 2005 - 07:18 PM

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Don't buy proton car loh...if you own one currently sell it lah, change
perodua also better.