Chinese automaker Geely will invest $10 billion and review of sex and eroticism in mesopotamian literatureadd thousands of jobs in the town of Tanjung Malim in western Malaysia, home of national carmaker Proton, a Reuters report quoted Prime Minister Anwar Ibrahim as saying on Tuesday. The investment plan was delivered to Anwar in a letter from Geely, and a company spokesperson confirmed the news by saying that the automaker will sustainably develop the area with its local partners, without revealing further details. Geely, Volvo’s parent group, signed a deal with Malaysian conglomerate DRB-Hicom Bhd to acquire a 49.9% stake in Proton Holdings in mid-2017. Sales of the formerly state-owned automaker increased 34% year-on-year to 80,506 units during the first six months of this year, according to a regulatory filing by Geely on July 6. [Reuters]
Related Articles
2025-06-27 01:48
2426 views
Trump praises storm response as historic disaster unfolds in Houston
Donald Trump woke up early on Sunday morning to grim news out of Texas: a flash flood emergency had
Read More
2025-06-27 00:32
173 views
Meta now lets preteens have Horizon Worlds accounts
Meta is cracking the door back open for minors interested in the company's virtual offerings, with n
Read More
2025-06-27 00:24
615 views
'Terminator Zero' creators find fresh life in sci
In the 40 years since a low-budget action film from a relatively unknown filmmaker and crew blasted
Read More