When I wrote this post
on the Bandar Malaysia issue, a commentator replied,
tebing tinggi4 May 2017 at 20:15
The Chinese are just playing games ,jut to see that they could gain more .The Chinese are never to lose ,jut wait and see.
Well, the comment turned out to be true as far as the Proton strategic partnership plan is concerned.
This is the story yesterday,
It certainly make this observation of mine kinda stupid,
I was so sure the French going to get the deal when reports said Geely had pulled out of it.
Turned out, the Chinese were just being smart business people.
They were just bidding their time to make the right offer, it seemed.
I think they are really smarter than the French.
They must have known that DRB-Hicom would prefer not to let go of the controlling stake, at least for now. That’s probably why they only take 49.9 per cent.
The general election is coming after all and Proton being taken over by foreigners may upset too many people.
After election, different story lah.
Personally, I don’t really care as long as it will do good for Proton in the long run.
I argued on that point here,
Anyway, in a related story, the Chinese are getting 51 per cent controlling stake of Proton’s Lotus as part of the deal, and it was said that the
Perhaps Lotus is what the Chinese really want in the first place.
Lotus is a good brand name with excellent track record. Probably the best thing that Proton have.
Well, doesn’t really matter to me.
If DRB-Hicom think it’s a good deal they are having with the Chinese, then who am I to complain.
I got no prejudices against the Chinese anyway.
If they are smart enough to make a good offer, then they deserve what they are getting.
Anyway, I have never seen a Geely car.
When I was in China, I saw lots of Volkswagen and Japanese cars.
Can’t remember seeing a Geely.
Maybe they were there in front of me, just that I didn’t notice their badge.
– http://lifeofaannie.blogspot.my
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