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Proton is a Malaysian
automobile manufacturer headquartered in
Shah Alam,
Selangor, with a
manufacturing plant in
Tanjung Malim,
Perak. Founded in 1983, it was Malaysia's only
carmaker until the establishment of its competitor and
arch-rival
Perodua in 1993. Its name is a
Malay
acronym for Perusahaan Otomobil
Nasional (English:
National Automobile
Enterprise).
It is a core member of Proton Holdings
Berhad, the holding company which is listed on
Bursa Malaysia. Over 42% of its equity is owned by a
government-owned company
Khazanah Nasional Berhad, making it
government-linked. For more than a decade since its
establishment, this stake was jointly owned by
Mitsubishi Motors Corporation and
Mitsubishi Corporation until they sold its stake in
that company.
Above courtesy of
Wikipeda
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Proton home page
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