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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.

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.