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News about Sime Darby

Sime Darby Property says profitability could be affected by higher building material costs and labour shortage

May 26

KUALA LUMPUR (May 26): Sime Darby Property Bhd said on Wednesday that the group’s profitability in the financial year ending Dec 31, 2022 (FY22) may be affected by margin erosion brought by higher building material costs and labour shortage.

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Sime Darby Property 1Q profit declines 22% y-o-y, dragged by lower property segment

May 25

KUALA LUMPUR (May 25): Sime Darby Property Bhd's net profit declined by 21.

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Sime Darby 3Q net profit declines 18.67% on Covid-19 related disruptions

May 24

KUALA LUMPUR (May 24): Sime Darby Bhd’s net profit in the third quarter ended March 31, 2022 (3QFY22) declined by 18.

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Sime Darby Property pledges stronger workplace safety

May 05

KUALA LUMPUR (May 5): Sime Darby Property Bhd (SDP) has pledged to enforce greater precautionary measures and introduce innovative solutions to reduce safety related incidents in its business operations.

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Battersea Power Station welcomes first residents to Prospect Place

May 06

LONDON (Apr 29): Battersea Power Station has welcomed the first residents to Prospect Place -- a key component in the regeneration project.

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Sime Darby Property's Nadira and Ilham Residences 2 landed homes garner high take-up rates

Apr 27

PETALING JAYA (Apr 27): Sime Darby Property's two residential projects have recorded high take-up rates during their respective official bookings weekend.

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Sime Darby ready to launch Phase 3B of Battersea Power Station this year

Apr 25

KUALA LUMPUR (April 25): Sime Darby Property Bhd is ready to launch Phase 3B of the Battersea Power Station project this year.

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TA Securities positive on Sime Darby Property's move beyond property development

Apr 18

KUALA LUMPUR (April 18): TA Securities Holdings Bhd's Investment Research remains upbeat about Sime Darby Property Bhd's (SDP) ongoing efforts to diversify and broaden its revenue streams beyond property development.

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Sime Darby Property, LOGOS SE Asia JV company secures preliminary commitments of 50% for first close of its Industrial Development Fund

Apr 11

PETALING JAYA (April 11): The Sime Darby Property Bhd and LOGOS SE Asia Pte Ltd announced that their joint venture (JV) company — SDPLOG — has successfully secured preliminary commitments of 50% for the first close of its inaugural Industrial Development Fund at US$250 million (RM1 billion).

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Sime Darby to unveil final phase of The Serenade at The Glades, Putra Heights

Mar 17

PETALING JAYA (March 17): Sime Darby Property Bhd is now previewing The Serenade, its final condominium offering within the township of The Glades in Putra Heights, Selangor.

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