Sime Darby

Sime Darby Property launches RM1.25 billion fund for data centres, industrial assets

The Malaysian conglomerate’s China motors division will maintain its 22 BMW dealerships in the country for now, Sime Darby CEO Jeffri Salim Davidson says.

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

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

“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

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

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

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 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

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

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