Nov. 21 (Bloomberg) -- Proton Holdings Bhd., Malaysia's unprofitable state-owned carmaker, posted a record one-day decline (22%) in Kuala Lumpur trading after the government ended alliance talks with Volkswagen AG.
Proton slumped 19 percent after Malaysia's state investment unit yesterday said it scrapped a year of talks to give the carmaker more time to reverse five quarters of losses. A strategic...
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