Proceeds from the proposed the Klang land disposal will be utilised for working capital.
KUALA LUMPUR: Sime Darby Plantation Bhd
(SDP) is disposing of three parcels of land totalling 948.83 acres in Klang, Selangor, to Sime Darby Property (Bukit Tunku) Sdn Bhd for RM618mil.
In a filing with Bursa Malaysia, SDP said it has inked a sale and purchase agreement with the wholly-owned subsidiary of Sime Darby Property Bhd.
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