SUBANG JAYA, 31 March 2016 – PROTON Holdings Berhad (“PROTON” or "the Company") announced the resignation of Yang Amat Berbahagia Tun Dr Mahathir Mohamad as Chairman of PROTON, effective immediately. Concurrently, Yang Amat Berbahagia Tun would also step down as Chairman of Group Lotus plc, a wholly-owned subsidiary of PROTON.
In its statement, PROTON said, “we respect his wish to step down; we would like to register our utmost appreciation for his valuable contribution, commitment and dedication for his role as Chairman since 2014 as well as an Advisor since 2003. We would like to express our gratitude and recognise Tun Dr. Mahathir’s role as the creator of the national car company.”
