The deal increases the Japanese firm’s presence in Southeast Asia.
The loans are earmarked for Proton's growth and expansion plans in the region.
IPOs & Markets
The company cut the offer size to up to 1.2 billion ringgit ($290.84 million), including an overallotment option, from an earlier target of $600 milli
Lynas last week rejected a $1.1 billion takeover offer from Australian conglomerate Wesfarmers Ltd.
The IPOs, which were postponed last year due to weak markets, could together raise as much as $900 million.
The government is seeking to tap new revenue sources to boost its fiscal position.
Malaysia's Axiata Group, the largest shareholder in M1 Ltd, has accepted a bid from Singapore investors that valued M1 at $1.4 billion.
The fund will look to trim stakes in companies identified as non-strategic to 15-25% and reduce its physical presence in locations such as London, Mum
The minister said an order to recognize digital currencies and digital tokens as securities will come into force on Jan. 15.
A particular focus is how billions of dollars went missing from state fund 1Malaysian Development Berhad (1MDB), founded by Najib in 2009.
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