Updated, Sun 13/9:
Someone's back at Proton! I broke fast with Syed Zainal, Proton's Group CEO the same day I did the link to Pasquale's scoop. It was the first time I'd sat down with the Proton boss. He spoke about Dr Mahathir's return - physically - to the Proton headquarters in Shah Alam after more than 4 years! This Syed didn't seem too perturbed with the takeover rumours. "I heard about it quite a while ago," he smiled.
Original post:
Another saga. Pasquale has a posting on a plan by Yasmin Holdings, which is
led b
y one of Proton's pioneer execs Kisai Rahmat, to take over the national car corporation. Sexy, especially when the scheme is said to involve the corporate muscles of local auto giant Naza and the support of Dr Mahathir Mohamad.
The market is also talking about the rekindling of an interest in Proton by billionaire Syed Mokhtar al-Bukhary, who is also known to be close to the Tun.
I'm not repeating what Pasquale says about the "current bunch" running Proton. You'll have to click here to read the full posting.