The C53A proportioning valve is what you want if you have a sedan converted to rear disc brakes, a sedan AWD swap, or even a FWD sedan 4G63 swap.
The rear bias is very weak on a rear drum sedan.
Some relevant information courtesy of ColtiXim:
"The proportioning valve from the C66 Lancer need to be swaped from a all wheel brake disc !
We have found 42% ( Limit autorized in Europe 50% ) efficiency on the rear axle with the stock C66 valve ( drum brake ).
And 60% efficiency with a C53 valve
For reference :
LANCER GLXI C66 4G92 Motor
proportioning valve ( drum brake ):
MB316182 or MB699642
European C53A GTI 4G61N/A Motor
proportioning valve :
MB316181 or MB699641
USA C53A 4G61T Motor
proportioning valve :
MB316180 or MB699640
LANCER GLXI C66 4G92 Motor
Brake booster:
MB668505
All type C53A
Brake booster:
MB618442 or same as Lancer C66 MB668505
Same 8" size booster
Also, for the E brake cable from a C68 Lancer:
You need
MB520346 for the right
MB520345 for the left
If you use the C53 cables you need to reroute them because is 1 inch short approximately !
I hope its help for your swap..."
In summary, in the USA, the C53A and C52A proportioning valve is MB699640. This is the correct proportioning valve for a drum brake sedan that is converted to rear discs or you want more rear bias.
The MB699642 is the stock proportioning valve for the drum brake sedans C62A, C63A, and E18A (Galant Sigma 87-90ish). Not sure how or why the 1.6L N/A sedans with rear disc brakes would use this same proportioning valve.