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Proton (car)
Proton Holdings Berhad, commonly known as Proton (stylised PROTON), is a Malaysian multinational Automotive industry, automotive company. Proton was established on 7 May 1983, as Malaysia's sole national budget car company until the advent of Perodua in 1993. The company is headquartered in Shah Alam, Selangor, and operates additional facilities in Proton City, Proton City, Perak. Proton began manufacturing rebadged versions of Mitsubishi Motors (MMC) products in the 1980s and 1990s. Proton produced its first indigenously designed, non-badge-engineered car in 2000 with a Mitsubishi engine. It 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 was founded under majority ownership by DRB-HICOM, HICOM, with a minority stake being held by Mitsubishi Group members. By 2005, Mitsubishi had divested its stake in Proton to Khaz ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Joint Venture
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or projects; or to access skills and capabilities.' Most joint ventures are incorporated, although some, as in the oil and gas industry, are "unincorporated" joint ventures that mimic a corporate entity. With individuals, when two or more persons come together to form a temporary partnership for the purpose of carrying out a particular project, such partnership can also be called a joint venture where the parties are "''co-venturers''". A joint venture can take the form of a business. It can also take the form of a project or asset JV, created for the purpose of pursuing one specific project, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Proton City
Proton City () is a township with industrial, commercial and residential activities spread over 4,000 acres (16 km2) in Muallim District, Perak, Malaysia. It houses the RM1.8 million Proton car assembly plant. Proton City aimed to be fully developed by 2020. Undertaken by Proton City Development Corp, a joint venture between 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 ... and Proton itself. A core member of Proton Holdings, it started in 1996 with an initial investment of RM250,000, beginning with the construction of the Proton plant. The Proton plant has a workforce of more than 2,000 and most of them are expected to live in the area. When Proton City was fully developed, it would have had a population of about 240,000. The first settlement in the area - 252 un ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mitsubishi Corporation
is a Japanese general trading company ( ''sogo shosha'') and a core member of the Mitsubishi Group. For much of the post-war period, Mitsubishi Corporation has been the largest of the five great ''sogo shosha'' (Mitsubishi, Mitsui, Itochu, Sumitomo, Marubeni) by revenue as well as profits. The company was originally spun off from Mitsubishi & Co., Ltd, the holding company of the Mitsubishi Group at the time, in 1918 by Koyata Iwasaki. It was later split into three smaller trading companies by order of the Allied Occupation Forces, as major '' zaibatsu'', including Mitsubishi, were deemed the backbone of Japan's pre-war economy. These companies re-merged in 1954, once again assuming the name Mitsubishi Corporation. Mitsubishi’s operations began shifting away from the mere importing and exporting of goods in the 1960s. Starting with an investment in a liquefied natural gas field in Brunei in 1968, Mitsubishi rapidly moved towards investing directly in projects and compan ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Equity Investment
A stock trader or equity trader or share trader, also called a stock investor, is a person or company involved in trading equity securities and attempting to profit from the purchase and sale of those securities. Stock traders may be an investor, agent, hedger, arbitrageur, speculator, or stockbroker. Such equity trading in large publicly traded companies may be through a stock exchange. Stock shares in smaller public companies may be bought and sold in over-the-counter (OTC) markets or in some instances in equity crowdfunding platforms. Stock traders can trade on their own account, called proprietary trading or self-directed trading, or through an agent authorized to buy and sell on the owner's behalf. That agent is referred to as a stockbroker. Agents are paid a commission for performing the trade. Proprietary or self-directed traders who use online brokerages (e.g., Fidelity, Interactive Brokers, Schwab, tastytrade) benefit from commission-free trades. Major stock ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Malaysia
The economy of Malaysia is an Developing country, emerging and developing, List of countries by GNI (nominal) per capita, upper-middle income, highly industrialized, industrialised, mixed economy. It ranks the List of countries by GDP (nominal), 36th largest in the world in terms of nominal GDP, however, when measured by purchasing power parity, its GDP climbs to the List of countries by GDP (PPP), 30th largest. Malaysia is forecasted to have a nominal GDP of nearly half a trillion US$ by the end of 2024. The labour productivity of Malaysian workers is the 62nd highest in the world and significantly higher than China, Indonesia, Vietnam, and the Philippines. Malaysia excels above similar income group peers in terms of business competitiveness and innovation. Global Competitiveness Report 2024 ranks Malaysian economy as the 34th most competitive country economy in the world while Global Innovation Index 2024 ranks Malaysia as the 33rd most innovative nation globally. Malaysia is ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Deputy Prime Minister Of Malaysia
The deputy prime minister of Malaysia (; ) is the second-highest political office in Malaysia. There have been 15 officeholders since the office was created in 1957. The first prime minister of Malaysia, Tunku Abdul Rahman, started the convention of appointing a deputy prime minister, but some cabinets have opted not to appoint a deputy prime minister. Appointment Malaysia has had a deputy prime minister for most of the time since Independence Day (Malaysia), independence. A Prime Minister of Malaysia, prime minister may choose not to appoint a deputy prime minister. The office of deputy prime minister is not provided for in the constitution of Malaysia. At the same time, a prime minister could appoint more than one deputy prime minister, as has occurred before in Singapore. From August 1957 to May 2018, when the coalition government Barisan Nasional (BN), of which the United Malays National Organisation (UMNO) was the main component party, was the only ruling coalition, an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Backronym
A backronym is an acronym formed from an already existing word by expanding its letters into the words of a phrase. Backronyms may be invented with either serious or humorous intent, or they may be a type of false etymology or folk etymology. The word is a portmanteau of ''back'' and ''acronym''. A normal acronym is a word derived from the initial letter(s) of the words of a phrase, such as ''radar'' from "radio detection and ranging". By contrast, a backronym is "an acronym deliberately formed from a phrase whose initial letters spell out a particular word or words, either to create a memorable name or as a fanciful explanation of a word's origin". Many list of fictional espionage organizations, fictional espionage organizations are backronyms, such as SPECTRE (special executive for counterintelligence, terrorism, revenge and extortion) from the ''James Bond'' franchise. For example, the Amber Alert missing-child program was named after Amber Hagerman, a nine-year-old girl w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Malaysian Malay
Malaysian Malay () or Malaysian ()endonymically known as Standard Malay () or simply Malay (, abbreviated to BM)is a standardized form of the Malay language used in Malaysia and also used in Singapore and Brunei (as opposed to the variety (linguistics), variety used in Indonesia, which is referred to as the Indonesian language, "Indonesian" language). Malaysian Malay is standard language, standardized from the Johor–Riau dialect of Malay language, Malay, particularly a branch spoken in the state of Johor south of the Malay Peninsula. It is spoken by much of the Malaysian population, although most learn a nonstandard dialect, vernacular Malayic languages, Malay dialect or Languages of Malaysia#Other indigenous languages, another native language first. Terminology In Malaysia Constitution of Malaysia#Article 152 – National Language and Other Languages, Article 152 of Malaysia's Constitution as drafted in 1957 (revised Malaysia Agreement, in 1963) merely mentions "Malay" ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Geely
Zhejiang Geely Holding Group Co., Ltd. (ZGH), commonly known as Geely Holding ( ; ), is a Chinese multinational automotive conglomerate headquartered in Hangzhou, China. The company was founded by, and is privately owned by Chinese entrepreneur Li Shufu. Geely was founded in 1986 as a refrigerator parts company, before transitioning to motorcycles in 1994 and entering the automotive industry in 1997. ZGH as a holding company was founded in 2003. , the company ranks 225 in the 2023 ''Fortune'' Global 500 list of the world's largest companies. In 2024, the group produced a total of 3.33 million vehicles globally, including 1.48 million plug-in electric vehicles. The company manufactures and sells vehicles under the brands of Geely, Lynk & Co and Zeekr brands, which are part of the Geely Auto Group business unit, along with its subsidiaries and joint ventures such as Volvo Cars, Polestar, Proton, Smart and Lotus, as well as commercial vehicles under the London EV Com ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lotus Cars
Lotus Group (also known as Lotus Cars) is a British multinational automotive manufacturer of luxury sports cars and electric vehicles. Lotus Group is composed of three primary entities. Lotus Cars, a high-performance sports car company, is based in Hethel, Norfolk. Lotus Technology Inc. (), an all-electric lifestyle vehicle company, headquartered in Wuhan, China, and operates regional facilities in the United Kingdom, the Netherlands, and Germany. Additionally, Lotus Engineering, an engineering consultancy firm, is headquartered at the Lotus Advanced Technology Centre (LATC) located at the University of Warwick, University of Warwick's Wellesbourne Campus. Lotus was founded and owned for many years by Colin Chapman. After his death and a period of financial instability, it was bought by General Motors, then Romano Artioli and then DRB-HICOM through its subsidiary PROTON Holdings, Proton, which owned Lotus from 1996 to 2017. Lotus is currently majority-owned by Chinese multinat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Khazanah Nasional
Khazanah Nasional Berhad (; Trade name, traded as Khazanah Nasional or simply Khazanah) is the sovereign wealth fund of the Government of Malaysia. One of the largest sovereign wealth funds in the world, it was established to invest surplus revenues for Malaysia. Through its investments and activities, the fund seeks to deliver sustainable economic and societal benefit for the nation. This includes achieving long-term risk-adjusted returns across the portfolio, as well as undertaking investments that catalyse new growth areas, strengthen Malaysia’s economic competitiveness, and contribute to priority socioeconomic outcomes. Headquartered in Kuala Lumpur, it has regional offices in the United States, Turkey, China, United Kingdom and India. Khazanah's portfolio covers a broad spectrum of sectors. Its key focus investment areas include Leisure & Tourism, Banking, Sustainable Development, Healthcare and Consumerism. While it does not receive regular capital infusions, Khazanah ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
