Sime Darby

A key BMW dealer in China expects to ‘suffer’ before rebound

Sime Darby also sells the German luxury vehicles in eight other markets, including Indonesia, Thailand, Australia, Singapore and Malaysia

Sime Darby Property, part of one of Malaysia’s largest multinationals, is ramping up its presence in data centres to serve the boom in artificial intelligence.

Sime Darby seeks loan to build Malaysian data centre for Google

The AI frenzy has fuelled demand for funding the centres in Asia, resulting in a series of record-breaking loans for operators

“We cannot ignore India,” says Group chief executive officer Jeffri Salim Davidson. “It’s just something too big, you cannot ignore. So we’re looking for opportunities in India to see whether we can do something with a local partner and start a car retail business there.”

Sime Darby seeks to expand car retail business into India, Indonesia

Sime Darby, 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, i...

The acquisition of the 61.2 per cent stake in UMW for RM3.57 billion (S$1.02 billion) is expected to be completed by the end of November 2023.

Malaysia's Sime Darby wins shareholders' approval for UMW Holdings deal

Sime Darby has won its shareholders’ approval to acquire automotive-to-manufacturing company UMW Holdings, the Malaysian conglomerate said in a statement on Thursday (Nov 16).

The sale will enable Sime Darby to unlock the value of its healthcare assets, which have previously been deemed non-core, with a RM 2 billion (S$577.8 million) gain on disposal of the stake, the company said in a statement.

Sime Darby to sell Asia healthcare JV stake to Columbia Asia for US$1.2 billion

Malaysian conglomerate Sime Darby said on Friday (Nov 10) it will sell its stake in Ramsay Sime Darby Health Care, its Asia-focused healthcare 50-50 joint venture with Australia’s Ramsay Health Care, ...

Ramsay Health and Sime Darby are keen to divest the hospital unit as Malaysia is weighing a capital gains tax on the disposal of unlisted shares by companies.

Ramsay, Sime Darby kick off US$1.5 billion hospital unit sale, sources say

Ramsay Health Care, Australia’s biggest private hospital operator, and Sime Darby, one of Malaysia’s oldest conglomerates, have kicked off the sale of their hospital unit and are seeking a valuation o...

Ramsay Sime Darby's portfolio consists of 1,530 licensed beds across seven hospitals in Malaysia and Indonesia, according to Sime Darby’s 2022 annual report.

Ramsay Health Care, Sime Darby explore sale of Asia joint venture

Ramsay Health Care and Malaysian conglomerate Sime Darby are exploring the sale of their Asia-focused healthcare joint venture, Australia’s largest private hospital operator said on Wednesday (Jun 28)...

At an industry conference on Monday, Malaysian producers Sime Darby Plantation and United Plantations said they will not have difficulty complying with the new law as they have not been planting on deforested land for years.

Big palm oil players say EU deforestation law will not hurt exports

BIGGER palm oil companies will not be affected by a new European Union law banning goods linked to deforestation, two of Malaysia’s largest producers of the commodity said on Monday (Jun 12).

FILE PHOTO: The logo of Sime Darby is seen at its headquarters in Kuala Lumpur, Malaysia February 7, 2018. REUTERS/Lai Seng Sin/File Photo

Sime Darby Plantation warns of challenging 2023 as Q1 profit plummets

FIRST-QUARTER profit for Malaysia’s Sime Darby Plantation Berhad plunged 90 per cent year-on-year, the company said on Wednesday (May 24), due to falling palm prices and higher costs.

Ramsay Sime Darby was established in 2013 via an equal joint venture of Ramsay and Sime Darby to expand their healthcare business in South-east Asia.

Ramsay, Sime Darby plan to revive sale of Asia healthcare venture

AUSTRALIA’S largest private hospital operator Ramsay Health Care and Malaysian conglomerate Sime Darby plan to revive the sale of their Asia-focused healthcare joint venture in a deal that could value...