KUALA LUMPUR Adam Thielen Hoodie , June 28 (Xinhua) -- Malaysian analysts have given positive feedback on the partnership between China's Zhejiang Geely Holding Group and Malaysia's car maker Proton as it paves way for Geely to expand into the Association of Southeast Asian Nations (ASEAN) market.

The partnership gives Geely an expedited route into growing ASEAN markets while offering Proton access to new product platforms and manufacturing expertise, said Alexander Chia, an analyst with RHB Research Institute said in a report on Wednesday.

"Proton would now have a realistic chance of reclaiming its leadership position in the domestic automotive market with Geely's backing, in addition to making significant inroads into regional markets Stefon Diggs Hoodie ," he added.

Last Friday, Proton's owner DRB-HICOM signed an agreement with Geely, whereby the latter will have a 49.9-percent stake in Proton for a consideration of 460.3 million ringgit (107 million U.S. dollars).

CIMB Research's analyst Mohd Shanaz Noor Azam is also positive on the deal as this should expedite a turnaround for Proton.

Based on the agreement, Proton is required to relocate its current manufacturing Dru Samia Hoodie , testing-related research and development (R&D) and administrative activities at the Shah Alam plant to its manufacturing plant located in Tanjung Malim.

The deal is expected to be completed by the fourth quarter this year. It still requires nods from DRB-HICOM's shareholders and regulatory authorities in China.

However, Choo Ping Khoon with Kenanga Research raised his concern over execution risk in the new partnership to revive Proton over the longer term.

"While Geely is more popularly known for its successful acquisition of Volvo, the ability of Geely to assist Proton from technical and marketing perspective as well as to penetrate new markets remains a concern given that Geely is also a relatively weak brand from a global perspective with a global market share of less than 5 percent," he said.

Therefore Alexander Mattison Hoodie , he opined that Proton still has to deal with the challenges posed by increasing competition and a weak brand perception.

Under the agreement, Proton will be granted a period of five years to manufacture, sell, market and distribute any four current and future Geely platform vehicles under the "Proton" brand name in Malaysia.

It is noted that Geely Boyue will be the first-ever sports utility vehicle line up for Proton.

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Buddy Baker had a legendary career in NASCAR and is honored and respected by all who know the sport. His career which spanned 36 years, starting in 1959 and ending in 1994 made of Buddy a legend of motorsports. His career statistics are most impressive. Baker had a total of nineteen victories in his career. Add to that 43 second-place finishes Garrett Bradbury Hoodie , 58 third-place finishes and 52 fourth-place finishes. All this in 699 career races. His pal , Richard Petty said of Baker that with any luck he would have won 50 races. His life time winnings were $3 ,635,000 and this at a time when the purses were only a fraction of what they are today. At age fifty two shortly after a head injury Baker ended his career .

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