Thursday, February 2, 2012

Selling Lotus a viable option: Mahathir


Tun Dr Mahathir Mohamad, Malaysia’s former prime minister, comments on Proton Holdings Bhd after billionaire Syed Mokhtar Al-Bukhary’s DRB-Hicom Holdings Bhd agreed to buy a controlling stake from the government.

Mahathir, who helped found Proton and remains an advisor, also comments on whether DRB should sell Proton’s U.K. sports- car arm Group Lotus International Ltd. The former premier made these comments in an interview in Kuala Lumpur yesterday.

On selling Lotus:

“It is a viable option and I think the new owners of Proton might consider that. But, Lotus is not just a sports-car company. It is an engineering and technology company. It’s selling engineering skills to China and helping people going into the industry.”

Read more: Selling Lotus a viable option: Mahathir http://www.btimes.com.my/Current_News/BTIMES/articles/20120203092017/Article/index_html#ixzz1lHSvIlW9