BRIEF-DRB-HICOM's PROTON & Zhejiang Geely Holding Sign Agreement To Set Up JV

Aug 20 (Reuters) - DRB-HICOM Berhad:

* PROTON HOLDINGS BERHAD AND ZHEJIANG GEELY HOLDING GROUP SIGNED HEADS OF AGREEMENT TO SET UP JV; TO TAKE UP EQUAL EQUITY IN JV

* JV TO SET-UP PRODUCTION FACILITY IN CHINA TO ASSEMBLE VEHICLES, & DEVELOP NETWORK OF DEALERS TO MARKET THE PROTON RANGE IN CHINA Source text for Eikon: [ID:https://bit.ly/2MEOTNe] Further company coverage: