Sime Darby finalises disposal of MLDC


Malaysian Sime Darby, Japan's Mitsubishi Corporation, Tokyu Land and Hong Kong Land have also signed deals in Jakarta and surrounding areas.

KUALA LUMPUR: Sime Darby Bhd’s unit has completed the sale of its entire stake in Malaysia Land Development Company Bhd (MLDC) to Datuk Seri Tong Seech Wi for RM1 cash consideration.

It said in a statement yesterday that Sime Darby Property Bhd had sold the stake, comprising of 5.069 million shares, under the share sale agreement on April 3.

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Business , Sime Darby , property , Malaysia Land , stocks ,

   

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