KUALA LUMPUR: Here are the announcements that made headlines in Corporate Malaysia.
Sime Darby Property Bhd is anticipating sustained momentum in the second half of 2024 (2H24), driven by a healthy demand and rising sales volume.
PETALING JAYA: Sime Darby Plantation Bhd (SD Plantation), the world’s largest palm oil producer by acreage, has proposed to change its name to SD Guthrie Bhd.
"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.
PETALING JAYA: Sime Darby Plantation Bhd (SD Plantation) has received shareholder approval to change its name to SD Guthrie Bhd at its EGM, today.
KUALA LUMPUR: Here are the announcements that made headlines in Corporate Malaysia.
KUALA LUMPUR: Sime Darby Plantation Bhd is looking forward to a satisfactory performance in the new financial year, as the labour situation improves alongside the rehabilitation of its Malaysian upstream operations.
KUALA LUMPUR: Datuk Seri Amir Hamzah Azizan has stepped down from the boards of Malaysian Resources Corp Bhd (MRCB) and Sime Darby Plantation Bhd respectively following his appointment to the Malaysian Cabinet, the companies said in separate stock exchange filings today.
KUALA LUMPUR: Sime Darby Plantation Bhd has appointed Mohd Haris Mohd Arshad as its new group chief operating officer overseeing the group's upstream operations in Malaysia, Indonesia and Papua New Guinea and Solomon Islands.
KUALA LUMPUR: There were recent corporate announcements made by YTL Corp, YTL Power, Axiata, Maxis, Sime Darby Plantation, E&O, Petron, Dayang, Pecca, TNB and Pintaras Jaya, said Apex Securities Research.
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: The FBM KLCI finished at its highest in about 17 months on Monday, in line with the performance of its regional peers.
Sime Darby's acquisition of UMW Holdings is a market-moving deal that will have a significant impact on the Malaysian automotive industry. It is a new chapter for Sime Darby, but the company has a long history of deals that have shaped both its corporate landscape and that of the country.
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.
Sime Darby Plantation Bhd and India’s Godrej Agrovet Ltd (GAVL) will collaborate on oil palm seed supply and agricultural innovation.
KUALA LUMPUR: Sime Darby Plantation Bhd (SDP) will progressively shift its focus to India and China and away from the European Union (EU) market as the two nations offer significant potentials to the company, said group managing director Datuk Mohamad Helmy Othman Basha.
MUALLIM: Sime Darby Plantation Berhad (SDP) is providing parolees and former detainees employment and on-the-job training to help them reintegrate into society.
KUALA LUMPUR: Sime Darby Plantation Bhd expects the second half of 2023 to remain challenging as the price volatility in crude palm oil (CPO) prices continue in the near-term due to prevailing uncertainties.
Sime Darby Plantation Bhd is reaping the benefits of months of rehabilitation efforts with an increased workforce turning around its upstream domestic operations in its third quarter of its financial year.
KUALA LUMPUR: Companies in the spotlight on Monday include IHH, Leform, Malakoff, Apex Equity, MBSB, Sentoria, Far East, TNB, Sime Darby Plantation and Sam Engineering, said Apex Equities Research.