Dr Mahathir resigns as Proton chairman

Proton Holdings Berhad today announced the resignation of Tun Dr Mahathir Mohamad as its chairman, effective immediately.

The company, in a statement, said Dr Mahathir would also step down as Chairman of Group Lotus plc, a wholly-owned subsidiary of Proton.

“We respect his wish to step down; we would like to register our utmost appreciation for his valuable contribution, commitment and dedication for his role as Chairman since 2014 as well as an Advisor since 2003.

“We would like to express our gratitude and recognise Tun Dr Mahathir’s role as the creator of the national car company,” it said.

Meanwhile, Dr Mahathir in his latest posting on his blog www.chedet.cc confirmed the news saying that a letter of resignation has been sent to Group Managing Director of DRB-HICOM Berhad, Datuk Seri Syed Faisal Albar yesterday.

He also said to have relinquished his post as the Chancellor of Universiti Teknologi Petronas, effective Mar 30, 2016 which decision was said to have been communicated to UTP Rector Datuk Abdul Rahim Hashim.

Apart from that, Dr Mahathir has also resigned as the advisors to the Langkawi Development Authority (LADA) and the Tioman Island Development Authority (TIDA).

The Chief Secretary to the government, Tan Sri Ali Hamsa, has been informed of these resignations, he said in his blog.