Companies / China
Proton Given Go-Ahead To Terminate Joint Venture
February 2010 | Legal NewsMalaysian carmaker Proton has put years of legal wrangling with former partner Goldstar Heavy Industrial Company behind it, as a board of international arbitrators has ruled that its termination of a joint venture (JV) did not constitute a breach of contract. Proton was facing a MYR520mn lawsuit from the Chinese firm, which was its partner in Proton Automobile China (PAC) from
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