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Proton X70
The Proton X70 is a compact crossover SUV produced by the Malaysian car maker Proton. Marketed as a C-segment SUV, the car was launched on 12 December 2018, unveiled in a ceremony by then-prime minister and former Proton chairman Mahathir Mohamad. Being the first SUV released by Proton, it is conceived by rebadging the Geely Boyue, following the acquisition of Proton by Geely Automobile Holdings in 2017. The X70 is distinguishable from the Boyue by some design element differences and its right-hand drive configuration. In the beginning, the X70 was fully imported (CBU or completely built-up) from China, but since February 2020 the locally assembled version (CKD or complete knocked down) was made available with several notable mechanical changes. History Pre-launch On 24 May 2017, DRB-HICOM as the owner of Proton has reached an agreement with Geely for the Chinese carmaker to acquire a 49.9% equity stake in Proton. The acquisition and partnership was urgently needed, si ...
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PROTON Holdings
Proton Holdings Berhad (PHB; informally Proton) is a Malaysian automotive company and automobile corporation active in automobile design, manufacturing, distribution and sales. Proton was established in 1985 as Malaysia's sole national badged car company until the advent of Perodua in 1993. The company is headquartered in Shah Alam, Selangor, and operates additional facilities at Proton City, Perak. Proton is a Malay acronym for Perusahaan Otomobil Nasional (National Automobile Company). Proton was originally a manufacturer of rebadged versions of Mitsubishi Motors (MMC) products in the 1980s and 1990s. Proton produced its first indigenously designed (though Mitsubishi-engined), non-badge engineered car in the year 2000, and elevated Malaysia as the 11th country in the world with the capability to design cars from the ground up. Since the 2000s, Proton has produced a mix of locally engineered and badge engineered vehicles. Proton cars are currently sold in at least 15 countr ...
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Tanjung Malim
Tanjung Malim, or Tanjong Malim, is a town in Muallim District, Perak, Malaysia. It is approximately north of Kuala Lumpur and 120 km south of Ipoh via the North–South Expressway. It lies on the Perak-Selangor state border, with Sungai Bernam serving as the natural divider. Today, "Tanjung Malim" usually refers to the territory under administration of Tanjung Malim District Council or ''Majlis Daerah Tanjung Malim (MDTM)'', which includes the smaller towns adjacent to the town such as Proton City, Behrang, Behrang 2020, Sungkai and Slim River. "Tanjung Malim" is lately also referred to the ''Old Town'' and ''New Town'' divided by the KTM Komuter rail at its heart, from which the town grew. Commuter train services from Tanjung Malim started on 1 June 2009. History and background Name An early settlement nearby Sungai Bernam is named Kampung Kubu (Fort Village). The Bugis community planted jambu fruit trees along the river bank. As population grew over time, the area ...
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Siti Hasmah Mohamad Ali
Malay styles and titles#Tun, Tun Physician, Dr. Siti Hasmah binti Haji Mohamad Ali (Jawi alphabet, Jawi: سيتي حسمه بنت محمد علي; born 12 July 1926) is the spouse and wife of Mahathir Mohamad, the 4th and 7th Prime Minister of Malaysia. She played the role of Spouse of the Prime Minister of Malaysia from July 1981 to October 2003 and from May 2018 to March 2020 for almost 24 years. She is the oldest-living person of the role. She was also the former chancellor of the Multimedia University of Malaysia. Early life and family Born in Klang, Malaysia, Klang, Selangor on 12 July 1926, Siti Hasmah is an ethnic Malaysian Malays, Malay (retired) physician of Minangkabau people, Minangkabau descent from Negeri Sembilan, Malaysia. She schooled in St. Mary's School, Kuala Lumpur, SMK St. Mary. She obtained her MBBS from the University of Malaya in Singapore. Tun Siti Hasmah was one of the first Malay women to enroll for a medical course at the King Edward VII College of Me ...
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Kuala Lumpur Convention Centre
The Kuala Lumpur Convention Centre ( ms, Pusat Konvensyen Kuala Lumpur), also known as the KL Convention Centre, is a convention and exhibition centre located in the Kuala Lumpur City Centre (KLCC) development in Kuala Lumpur, Malaysia. The convention centre was the 2015 recipient of the AIPC innovation award. During the COVID-19 pandemic, it was used as a mass vaccination centre. Description The building was designed with Modernist and Postmodern architectural elements, and is located near the Kuala Lumpur City Centre Park. Major past events at the Convention Centre *67th MDA/FDI International Dental Convention & Trade Exhibition 2010 (2200 delegates) *XVIII FIGO World Congress of Gynecology and Obstetrics (FIGO) (8,294 delegates), 2006 *12th APLAR Congress Of Rheumatology 2006 (2,026 delegates) *6th Asian & Oceanian Epilepsy Congress 2006 (1,000 delegates) *The 11th ASEAN Summit 2005 *3rd International Asia Pacific Society of Infection Control (APSIC) 2007 *Scientific E ...
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Equity (finance)
In finance, equity is ownership of assets that may have debts or other liabilities attached to them. Equity is measured for accounting purposes by subtracting liabilities from the value of the assets. For example, if someone owns a car worth $24,000 and owes $10,000 on the loan used to buy the car, the difference of $14,000 is equity. Equity can apply to a single asset, such as a car or house, or to an entire business. A business that needs to start up or expand its operations can sell its equity in order to raise cash that does not have to be repaid on a set schedule. In government finance or other non-profit settings, equity is known as "net position" or "net assets". Origins The term "equity" describes this type of ownership in English because it was regulated through the system of equity law that developed in England during the Late Middle Ages to meet the growing demands of commercial activity. While the older common law courts dealt with questions of property title, equi ...
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Automotive Industry In China
The automotive industry in China has been the largest in the world measured by automobile unit production since 2008. Since 2009, annual production of automobiles in China accounted for more than 32% of worldwide vehicle production, exceeding both that of the European Union and that of the United States and Japan combined. The traditional "Big Four" domestic car manufacturers are SAIC Motor, Dongfeng, FAW and Chang’an. Other Chinese car manufacturers are Geely, Beijing Automotive Group, Brilliance Automotive, BYD, Chery, Guangzhou Automobile Group, Great Wall and Jianghuai (JAC). In addition, several multinational manufacturers have partnerships with domestic manufacturers. While most of the cars manufactured in China are sold within China, exports reached 814,300 units in 2011. China's home market provides its automakers a solid base and Chinese economic planners hope to build globally competitive auto companies that will become more and more attractive and reliable ...
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DRB-HICOM
DRB-HICOM Berhad () is one of Malaysia's leading corporations, involved in the automotive manufacturing, assembly and distribution industry through its involvement in the passenger car and four wheel drive vehicle market segment, the national truck project and the national motorcycle project. DRB-HICOM is the majority shareholder of Malaysia's national car company, Proton, with China's Zhejiang Geely Holding Group the other shareholder since an equity sale in 2017. The Group also owns national motorcycle company Modenas, with Japanese two-wheeler giant Kawasaki as its partner. DRB-HICOM assembles cars in Malaysia for Tata Motors, Honda, Isuzu, Mercedes-Benz and Volkswagen, with plans for expansion. The Group also retails various brands such Audi (via Euromobil Sdn Bhd), Mitsubishi (via EON Auto Mart Sdn Bhd) and Volkswagen (via HICOM Auto Sdn Bhd). Besides automotive concerns, DRB-HICOM's core business focuses are in the services (postal, banking, vehicle inspections) and prope ...
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Knock-down Kit
A knock-down kit (also knockdown kit, knocked-down kit, or simply knockdown or KD) is a collection of parts required to assemble a product. The parts are typically manufactured in one country or region, then exported to another country or region for final assembly. A common form of knock-down is a complete knock-down (CKD), which is a kit of entirely unassembled parts of a product. It is also a method of supplying parts to a market, particularly in shipping to foreign nations, and serves as a way of counting or pricing. CKD is a common practice in the automotive, bus, heavy truck, and rail vehicle industries, as well as electronics, furniture and other products. Businesses sell knocked-down kits to their foreign affiliates or licensees for various reasons, including the avoidance of import taxes, to receive tax preferences for providing local manufacturing jobs, or even to be considered as a bidder at all (for example, in public transport projects with "buy national" rules). A ...
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Captive Import
Captive import is a marketing term and a strategy for a vehicle that is foreign-built and sold under the name of an importer or by a domestic automaker through its own dealer distribution system. The foreign vehicle may be produced by a subsidiary of the same company, be a joint venture with another firm, or acquired under license from a completely separate entity. The brand name used may be that of the domestic company, the foreign builder, or an unrelated marque entirely (this is one type of "badge engineering"). Background Captive import arrangements are usually made to increase the competitiveness of the domestic brand by filling a perceived target market not currently served by its model lineup, that is either not practical or not economically feasible to fill from domestic production or a mutually beneficial agreement that helps automakers without a strong distribution network or a presence in a certain country to benefit from the distribution network and stronger brand imag ...
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Geely
Zhejiang Geely Holding Group Co., Ltd (ZGH), commonly known as Geely (吉利 "auspicious"), is a Chinese multinational automotive company headquartered in Hangzhou, Zhejiang. The company is privately held by Chinese billionaire entrepreneur Li Shufu. It was established in 1986 and entered the automotive industry in 1997 with its Geely Auto subsidiary. Geely Auto is currently the seventh largest automobile manufacturer in China, with 1.328 million sales in China in 2021. Globally, the group sold over 2.2 million cars in 2021, and over 17,926 plug-in electric vehicles in January 2022. The company produces and sells vehicles under its own branding - such as Geely Auto, Geometry, Maple, and Zeekr - and under foreign-located subsidiaries - such as Volvo Cars, Polestar, Lynk & Co, Proton, and Lotus - as well as commercial only vehicles under the London EV Company, Ouling Auto and Farizon Auto brands. It also produces electric vehicles under some of the previously listed bran ...
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Rebadging
In the automotive industry, rebadging is a form of market segmentation used by automobile manufacturers around the world. To allow for product differentiation without designing or engineering a new model or brand (at high cost or risk), a manufacturer creates a distinct automobile by applying a new "badge" or trademark (brand, logo, or manufacturer's name/make/marque) to an existing product line. Rebadging is also known as ''rebranding'' and ''badge engineering''; the latter is an intentionally ironic misnomer, in that little or no actual engineering takes place. The term originated with the practice of replacing an automobile's emblems to create an ostensibly new model sold by a different maker. Changes may be confined to swapping badges and emblems, or may encompass minor styling differences, as with cosmetic changes to headlights, taillights, front and rear fascias and outer body skins. More extreme examples involve differing engines and drivetrains. The objective is "to s ...
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Mahathir Mohamad
Mahathir bin Mohamad ( ms, محاضير بن محمد, label= Jawi, script=arab, italic=unset; ; born 10 July 1925) is a Malaysian politician, author, and physician who served as the 4th and 7th Prime Minister of Malaysia. He held the office from July 1981 to October 2003 and later from May 2018 to March 2020 for a cumulative total of 24 years, making him the country's longest-serving prime minister. Before becoming premier, he served as Deputy Prime Minister and in other cabinet positions. He was a Member of Parliament for Langkawi from May 2018 to October 2022, Kubang Pasu from August 1974 to March 2004, and Kota Setar Selatan from April 1964 to May 1969. His political career has spanned more than 75 years, from joining protests opposing citizenship policies for non-Malays in the Malayan Union in the 1940s to forming the Gerakan Tanah Air coalition in 2022. Born and raised in Alor Setar, Kedah, Mahathir excelled at school and became a physician. He became active in the U ...
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