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Business Times Asiaone (Free subscription) | 08/26/2008
HEFTIER plantation contributions have boosted Sime Darby's profit by 40 per cent to RM3.75 billion (S$1.57 billion) for the year ended June, but Malaysia's largest conglomerate has cautioned that earnings in the current year are expected to be affected by slower economic growth brought about by higher fuel prices.
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Business Times Asiaone (Free subscription) | 08/21/2008
A NEW caution on Sime Darby's part could be the saviour of its share price going forward.
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Red Orbit (Free subscription) | 07/24/2008
THAILAND'S PTT Chemical Public Co Ltd has bought a stake in Cognis Oleochemicals Sdn Bhd, making it the new partner for Sime Darby Plantation Sdn Bhd.
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The Earth Times Online Newspaper (Free subscription) | 07/23/2008
Kuala Lumpur - Malaysian palm oil giant Sime Darby and Thailand's PTT Chemical on Wednesday signed an agreement to jointly own a major producer of oleochemicals in a deal costing the Thai company 104 million euros (164 million dollars). PTT Chemical,...
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Business Spectator (Free subscription) | 07/15/2008
Malaysian palm oil company to build refinery to process crude palm oil. 15 Jul 2008 8:21 PM
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Malaysia Property News (Free subscription) | 07/04/2008
PETALING JAYA: Sime Darby Property Bhd has sold over 425 properties worth RM220mil in nine days through its “Parade of Homes” showcase. The event, which was launched on June 20 and ended last weekend, saw 15,000 buyers flocking to nine townships and more than 40 show houses in Shah Alam, Subang Jaya, Klang, Ampang and Nilai. The company said in a statement that properties within the Putra Heights,...
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Malaysia Property News (Free subscription) | 06/21/2008
KUALA LUMPUR: Sime Darby Bhd’s property division expects to rake in RM2bil in sales in the next 12 months following the launch of projects in nine townships. Sime Darby Property Bhd managing director Datuk Abd Wahab Maskan said the total gross development value of the projects was about RM10bil. Datuk Abd Wahab Maskan (left) with Sime Darby chairman supervisory committee (property division) Datuk Mohamed...
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Malaysia Property News (Free subscription) | 06/21/2008
SIME Darby Property Bhd plans to sell RM2 billion worth of new houses and shops in its high-demand townships in the Klang Valley this year, its chief said. It has a five-year plan to launch up to RM10 billion worth of properties in nine townships where development is ongoing, managing director Datuk Abd Wahab Maskan said. He said the company has no plans to delay property launches now despite the surging...
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Malaysia Property News (Free subscription) | 06/20/2008
SIME Darby Bhd’s property unit said nine developments near Kuala Lumpur may generate as much as RM10 billion (US$3.1 billion) in sales in the next five years. This year’s revenue from the projects, which include the Ara Damansara and Bukit Jelutong developments, might reach RM2 billion, Abd Wahab Maskan, managing director of Sime Darby Properties, told reporters today. He also said that Sime Darby...
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Business Times Asiaone (Free subscription) | 06/17/2008
(KUALA LUMPUR) Sime Darby Bhd, the world's largest palm oil producer, ordered a review of assets to 'consolidate and rethink' six months after merging with rival growers.
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Financial Time (Free subscription) | 06/16/2008
Sime Darby, the world's largest listed oil palm landowner, is set to diversify "in a big way" into rice production, according to its chairman
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Myanmar (Free subscription) | 06/16/2008
Malaysia's Sime Darby, the world's largest palm oil company, will venture into rice cultivation in the wake of concerns about a shortage of the grain, an official said on Monday. Company chair...
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Business Times Asiaone (Free subscription) | 06/15/2008
(KUALA LUMPUR) Sime Darby Bhd chief executive officer Ahmad Zubir Murshid has ruled out further writedowns from unregulated futures trading at the Malaysian palm oil producer after the firing of the company's finance chief.
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rocky's bru (Free subscription) | 06/15/2008
Sime Darby Watch has been on my "Politics Anonymous" blogroll for months before the current mess that's dragging down our corporate golliath. But even before SDW, Malaysian business blogs have been making their presence felt. I am a follower of some of them for months and I would like to share them with you by developing a new category of blogroll on Business Blogs. Most of them are Anonymous, though,...
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rocky's bru (Free subscription) | 06/14/2008
Sime Darby's president/CEO says he was just following orders. "My view was actually different," Ahmad Zubir Murshid told The Edge on the sacking of ex-Golden Hope people in the merged Sime over 120 million futures losses that took place before the merger. How is his view different? We don't know. But the writer Kathy Fong tells us that Zubir is infuriated by accusations that he the sacking was a "purge"...
