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MSWG Weekly Newsletters 21 October 2017
PLEASE MARK YOUR CALENDAR
MSWG-ASEAN CORPORATE GOVERNANCE RECOGNITION 2017
TO BE HELD AT THE MAJESTIC HOTEL, KUALA LUMPUR
ON WEDNESDAY, 6 DECEMBER 2017
The findings and results of the governance level of Malaysian public listed companies will be announced followed by an award presentation ceremony to recognise the companies that have demonstrated high level of corporate governance practices.
We look forward to your participation and support at the event.
Weekly Watch Oct 23-27, 2017
Lotte Chemical Titan urged to strengthen risk management
Weekly Watch October 16 - 20, 2017
MSWG Weekly Newsletter 13 October 2017 (English)
13 October 2017
VOICE OF MSWG
POSITIVE DEVELOPMENT IN PROTON
Interesting and possibly even exciting developments at national carmaker Proton, with the appointment of its new board, headlined by the naming of Li Chunrong as the new CEO and the presence of Winfried Vahland, former chairman and CEO of Skoda.
Li’s presence is interesting because it represents a major shift in approach for Malaysia in terms of the CEO’s demographic and nationality (historically speaking) and its new ASEAN focus.
Recent news has been all about the China carmaker’s major role in Proton, including the integration of Geely powertrains into Proton products (hybrid, plug-in hybrid and electric), the launching of at least one new model annually and overall technology and component transfer, including transmissions -- all without additional investment from Proton -- thus explaining Li’s position as No. 1.