Monday, May 29, 2017

Syed speaks out on "selling out" allegation

"... inviting Geely Holding to take up a 49.9 per cent stake in Proton does not equate to us selling out." - DRB-Hicom group managing director Syed Faisal Akhbar

Kuala Lumpur, 29 May: Everyone but Dr Mahathir Mohamad wants to believe that there would now be hope for the long-suffering Malaysian national car after Proton finally signed the crucial deal with China's Geely. I was beginning to wonder, though, if Proton itself was going to speak out for Proton against its former Chairman and advisor.  
Then someone referred me to the interview in the NST Online with DRB-Hicom boss Syed Faisal Albar. Couldn't have been more timely.

You can read Syed's full interview with the NST Online h e r e.
Proton SUV, post-Geely?

You may also want to read Jalil Backer's Please Be Fair to Syed Mokhtar via The SnapShot's Sebab ego, Mahathir media bungkuskan Syed Mokhtar  
In a nutshell, Jalil Backer reminds Dr Mahathir that the decision to sell Proton's 49% to Geely is entirely Syed Mokhtar Al-Bukhary's, the major shareholder of DRB=Hicom, which owns Proton...

Ideally, we should hear from Syed Mokhtar himself about the deal with Geely and his plans for Proton but he's been known to be extremely media-shy, even before the days when they started calling him Dr Mahathir's "blue-eyed boy". Plus, I think we can consider that DRB boss Syed Faisal Akhbar was speaking also for his boss Syed Mokhtar during the interview with the NST Online.  
I could almost hear him - Syed Mokhtar himself, I mean - saying it ..
"One day in the not too distant future, Proton will be a brand that
 Malaysians will once again be proud to call one of their own."

Read also:
Proton bukan projek nasional lagi - A. Kadir Jasin
Model terbaru Proton dan Mahathir buat U-turn sekali lagi, Dr MiM
Chinese are never to lose - Annie
Premonition vs Proton - Big Dog
Crocodile tears: Mahathir and Proton - Lim Sian See
Menangis Madey tutup RM385 bilion ringgit duit rakyat dirompak - SnapShot


  1. Anonymous6:24 pm

    Berapa gantang dedak Najib supply bagi Datok bulan ni ? Raya dah nak mai ,kena lebih sikit lah kot

  2. xnakdedak10:07 pm


    Still waiting for your link to the "allegation" made by The Edge that 42 billion was missing from 1MDB.

    Yilek ka?

    Or you might want to study their very detailed financial flows diagram (concurred with by the DOJ, Singapore and Swiss authorities) that make it clear what a crook your main client is.

    How embarrassing if some of that cash trickled into LockyBlue Sdn Bhd, eh?

    Selamat berpuasa.