LOTUS: NOT FOR SALE (YET)
Proton/DRB-Hicom confirms that it's holding on to Lotus
[Official statement from Proton/DRB-Hicom]
LOTUS NOT FOR SALE
PROTON today reiterated that its holding company DRB-HICOM Berhad (DRB-HICOM) is not selling Lotus, a wholly-owned subsidiary of PROTON, despite recent media reports based purely on speculation and rumours.
Executive Chairman of PROTON Dato' Sri Haji Mohd Khamil Jamil said: "We acknowledge that Lotus can provide value to PROTON.
" Lotus is an iconic brand with global presence and positioning, coupled with unsurpassed engineering expertise and a talented workforce."
Earlier this month, Dato' Sri Haji Mohd Khamil visited Lotus facilities at Hethel in Norfolk. In conjunction with the visit, Dato' Sri Haji Mohd Khamil also had constructive meetings with South Norfolk MP Mr. Richard Bacon and British Business Secretary, Dr Vince Cable.
Commenting on the meetings, Dato' Sri Haji Mohd Khamil said: "They were both very supportive of our views and developments with regard to the future plans for Lotus.
"Subsequent to the meetings, the British Government has agreed to consider reactivating the £10 million Regional Growth Fund pledge to support Lotus's vehicle development plans in Norfolk."