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PETALING JAYA: Sime Darby Bhd, which recorded a double-digit year-on-year growth in its core earnings for the first half of financial year 2025 (1H25), anticipates full-year core results to be "about the same level" as its financial year ended June 30, 2024 (FY24).
KUALA LUMPUR: Sime Darby Bhd group CEO Datuk Jeffri Salim Davidson noted an increasingly challenging market, with operations in China experiencing lower margins due to the intense competition.
KUALA LUMPUR: Sime Darby Bhd has unveiled a refreshed brand identity to reflect its “progressiveness” and focus on its core businesses of motors and industrial equipment.
"Everybody calls us Sime." Those are the words of group chief executive officer (CEO) Datuk Jeffri Salim Davidson, explaining Sime Darby Bhd’s bold shift in brand identity.
KUALA LUMPUR: Sime Darby Bhd aims to enhance its return on equity (ROE), reduce debt, prioritise the integration of new acquisitions and strengthen its partnership with Toyota and Daihatsu Japan in the financial year 2025 (FY2025).
Sime Darby Bhd’s industrial business continues to drive the group’s performance, while UMW Holdings Bhd’s contribution helped to boost the bottomline.
KUALA LUMPUR: Sime Darby Bhd and Porsche have announced the expansion of the luxury carmaker's assembly facility at Inokom, Sime Darby's motor vehicle production and assembly facility in Kulim, Kedah.
KUALA LUMPUR: Sime Darby Bhd's industrial business continues to drive the group's performance, while UMW Holdings Bhd's contribution helped to boost the bottomline.
Sime Darby Bhd is embarking on a strategic shift after the demerger exercise in 2017 that carved out the property and plantations businesses, that aims to bring two businesses, namely industrial and motors, to a larger footprint.
KUALA LUMPUR: Sime Darby Bhd made a strong start to its 2024 financial year (FY24) but will not be resting on its laurels as it remains cognisant of the risks ahead against the backdrop of a subdued global economic outlook.
Sime Darby Bhd, Malaysia’s industrial and automotive conglomerate, is looking to set up a luxury car retail business in India and expand in Indonesia to tap into the growth potential of both economies, its top executive has told Reuters.
KUALA LUMPUR: After wrapping an eventful quarter, Sime Darby Bhd group CEO Datuk Jeffri Salim Davidson said the group will now focus on the growth of its two core businesses and work towards the seamless integration of UMW Holdings Bhd.
Sime Darby Bhd may see record-breaking earnings for its financial year ending June 30, 2024 (FY24), driven by the recognition of earnings from its series of acquisitions, coupled with the disposal of its healthcare business.
PETALING JAYA: Sime Darby Bhd made a strong start to its financial year 2024 (FY24), but will not be resting on its laurels as it remains cognisant of the risks ahead.
KUALA LUMPUR: Sime Darby Bhd has completed its acquisition of UMW Holdings Bhd, achieving full ownership and making UMW a wholly-owned subsidiary.
Sime Darby Bhd has completed its acquisition of UMW Holdings Bhd yesterday, with the latter effectively becoming its wholly-owned subsidiary.
KUALA LUMPUR: Sime Darby Bhd has entered into a conditional share purchase agreement to acquire Permodalan Nasional Bhd's (PNB) entire 61.2% stake in UMW Holdings Bhd for RM3.57bil cash or RM5 per share.
Sime Darby Bhd’s acquisition of UMW Holdings Bhd from Permodalan Nasional Bhd (PNB) for RM3.57bil cash or RM5 per share will allow Sime Darby to scale up its presence and strengthen its Malaysian footprint in the automotive and industrial sector.
KUALA LUMPUR: Sime Darby Bhd’s indirect wholly owned subsidiary Sime Darby Enterprise Sdn Bhd has completed its acquisition of a 61.18 per cent stake in UMW Holdings Bhd for RM3.57 billion.
KUALA LUMPUR: Sime Darby Bhd CEO Datuk Jeffri Salim Davidson said the group is confident the Asia Pacific region holds enormous potential for its motor and industrial divisions in the mid- to long-term.
