Proton Holdings Bhd aims to announce its foreign strategic partner in April, or the latest by end-June, its chief executive officer Ahmad Fuaad Kenali said.

He said currently there are three final shortlisted potential foreign strategic partners that are doing due diligence process on Proton.

“It is a complex transaction for a complex industry and this will surely take time.

“And when they come out with their proposals later on, we still have to do a lot of clarification, evaluation, and perhaps negotiations,” he added.

He said this at a press conference in Shah Alam today after Proton received the accreditation as a one-stop centre for the National Dual Training System programme endorsed by the Human Resources Mnistry and the Department of Skills Development for skills training in the automotive field.

- Bernama