The money is to fund expansion around the region, says the national car maker.
Malaysia's national carmaker Proton has secured RM1.88 billion in banking facilities from China Construction Bank to fund expansion around the region, it said in a statement late Friday.
"Expansion to foreign markets is critical for sales growth while obtaining financing allows the company to invest in the many projects required to turn Proton into a truly global automotive brand," chairperson Syed Faisal Albar said in the statement.
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