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Sime Darby Bhd (SIME.KL)

SIME.KL on Kuala Lumpur Stock Exchange

9.33MYR
29 May 2017
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Latest Key Developments (Source: Significant Developments)

Sime Darby says units of Sime Darby Motors have entered sale agreements for disposal of assets in Australia and New Zealand
Tuesday, 16 May 2017 01:38am EDT 

May 16 (Reuters) - Sime Darby Bhd -:Sime darby relinquishes psa brands in Australia and New Zealand.Has reached an agreement to sell its Australia and New Zealand Sime Darby Automobiles Distribution Businesses.Acquirers are Inchcape Australia for the Australian business and the Rick Armstrong Motor Group for the New Zealand business.Units of Sime Darby Motors enters assets sale agreements for disposal of assets relating to Peugeot and Citroen businesses in Australia and New Zealand.  Full Article

MMC Corporation says unit entered into MoU with unit of Sime Darby Berhad
Monday, 15 May 2017 05:30am EDT 

May 15 (Reuters) - MMC Corporation Bhd ::Unit entered into a memorandum of understanding(MoU) with Weifang Sime Darby Port Co., unit of Sime Darby Berhad.MOU is not expected to have any material effect on the earnings of MMC Group for FY ending 31 December 2017.  Full Article

Sime Darby says unit entered into MoU with Kumpulan Wang Persaraan and Brunsfield Development
Friday, 5 May 2017 05:49am EDT 

May 5 (Reuters) - Sime Darby Bhd ::Unit entered into a memorandum of understanding with Kumpulan Wang Persaraan and Brunsfield Development.Mou to lead development of a major new strategic development region, known as the malaysia vision valley.  Full Article

Sime Darby says March fresh fruit bunches production was 878,435 MT
Wednesday, 26 Apr 2017 05:31am EDT 

April 26 (Reuters) - Sime Darby Bhd ::For March, fresh fruit bunches production was 878,435 mt; crude palm oil production 223,907 mt; palm kernel production 54,555 mt.  Full Article

Sime Darby invites tender for repurchase of $400 mln Sukuk due 2018
Tuesday, 18 Apr 2017 02:29am EDT 

April 18 (Reuters) - Sime Darby Bhd :Invites tender for repurchase of U.S.$400 million Sukuk due 2018 issued under $1.50 billion multi-currency Sukuk issuance programme of Sime Darby Global.Announces consent solicitation to seek consent to substitution of Sime Darby Plantation in place of co in its capacities in respect of 2018 Sukuk.Co will pay, on settlement in relation to 2018 Sukuk, a cash purchase price equal to 98 per cent of the face amount of the 2018 Sukuk.  Full Article

Sime Darby Bhd announces termination of disposal and share purchase agreement
Thursday, 6 Apr 2017 06:02am EDT 

Sime Darby Bhd : Wishes to announce that sdeipl, sdpsl, manager, japan regional assets manager limited, and haut trustee had, on 31 march 2017, entered into termination agreement . Termination of implementation agreement and spa is not expected to have any material effect on eps of co for financial year ending 30 june 2017 .Deal to terminate implementation agreement and spa and to release and discharge each of parties from their respective obligations and liabilities of the same.  Full Article

Sime Darby says entered into MoU with MMC Port & Adani Port and Special Economic Zone
Tuesday, 4 Apr 2017 05:50am EDT 

Sime Darby Bhd : Entered into MoU with MMC Port Holdings Sdn and Adani Ports and Special Economic Zone Limited .MoU to study feasibility of developing an integrated maritime city on Carey Island, Selangor.  Full Article

Sime Darby says Feb. production for palm kernel was 45,269 mt
Monday, 27 Mar 2017 05:52am EDT 

Sime Darby Bhd : For feb. Production for palm kernel was 45,269 mt .Feb fresh fruit bunches production was 749,468 mt; feb crude palm oil production was 191,687 mt.  Full Article

Sime Darby Bhd posts quarterly profit attributable of 644 million rgt
Sunday, 26 Feb 2017 11:38pm EST 

Sime Darby Bhd : Qtrly revenue 12.34 billion rgt . Qtrly profit attributable 644 million rgt . Group announced an interim dividend of 6.0 sen per share for the financial year ending 30 june 2017 . "Market environment where the group operates is expected to continue to remain challenging" . "Demand for product support in the current financial year is expected to be higher" . "Launch of new car models, likely in the next quarter is expected to boost sales in the second half of 2017." . "The board expects the group’s performance for the financial year ending 30 june 2017 to be satisfactory. " . "Motors operations in malaysia continue to be adversely impacted by stringent bank lending policies on vehicle financing & soft consumer confidence" . "Demand for the property division’s upcoming launches of more affordable properties is still expected to remain strong" .Year ago qtrly revenue 11.83 billion rgt; year ago qtrly profit attributable 285 million rgt.  Full Article

Sime Darby posts Jan fresh fruit bunches production 831,032 mt
Thursday, 23 Feb 2017 05:09am EST 

Sime Darby Bhd :Jan fresh fruit bunches production 831,032 mt , crude palm oil production 211,260 mt, palm kernel production 50,020 mt.  Full Article

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