Sime Darby confident China businesses will prosper


Stellar: The Sime Darby Motors City in Ara Damansara. The group’s automotive division turned in a record performance during the financial year under review.

KUALA LUMPUR: Sime Darby Bhd is confident that its businesses in China will be the focal point of its ambitions to unlock value and accelerate growth.

Chairman Tan Sri Samsudin Osman said the group’s low gearing level of 23% armed it with the capacity to pursue growth opportunities, both organic and in the form of mergers and acquisitions.

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