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DRB-Hicom's adviser urges shareholders to approve Proton stake sale to Zhejiang Geely

KUALA LUMPUR (Nikkei Markets) - Malaysian conglomerate DRB-Hicom's independent adviser Tuesday urged shareholders to approve a proposed stake sale in carmaker units Proton Holdings and Lotus Group to China's Zhejiang Geely Holdings as the deal is "fair and reasonable."

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