Breaking News-RTRS-Malaysia's Proton may sell stake to foreign company

KUALA LUMPUR, Jan 12 (Reuters) - Malaysia's national car company Proton Holdings may sell a controlling stake to a foreign carmaker, company Chairman Nadzmi Mohd Salleh told the Business Times newspaper.
"If Proton is a problem child, we have to let it go," Nadzmi told the paper in an interview published on Monday.
"But if you want to enhance Proton's capability and also the viability over a period of difficult times, then the collaboration with the foreign car makers has to take a different form," Nadzmi was quoted by the paper as saying.