PETALING JAYA: The proposed disposal of Sime Darby Bhd
’s 30% stake in Tesco Malaysia will be in line with the plantation giant’s move to dispose of its non-core business and ease future cashflow.
MIDF Research, in a report yesterday, noted that Tesco Malaysia only accounted for 0.6% of Sime Darby’s total earnings last year.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
