News about Sime Darby Plantation

Sime Darby Property said the acquisition is in line with the group's journey under the SHIFT25 strategy to transform from a pure play property developer into a real estate company by broadening and diversifying income streams.

  KUALA LUMPUR (Jan 1): Employees Provident Fund (EPF) CEO Tunku Alizakri Raja Muhammad Alias has been made a non-independent and non-executive director of Sime Darby Plantation Bhd, effective Jan 1.

KUALA LUMPUR (May 24): Sime Darby Plantation Bhd confirmed today the Melaka High Court had yesterday granted the company leave to commence judicial review to declare the compulsory acquisition of its Melaka land by Taiwan-controlled company GI A Resources Sdn Bhd as wrongful and void.

MELAKA (May 23): Sime Darby Plantation Bhd (SDP) was today granted leave (permission) by the High Court here to challenge the compulsory acquisition of its 75-hectare land in Merlimau at a below market price of RM35.

KUALA LUMPUR (April 30): Sime Darby Plantation Bhd (SDP) has filed a judicial review application to stop the compulsory acquisition of its 75ha land in Merlimau, Melaka, by a Taiwan-controlled company that claimed it was acting in the interest of the former Yang di-Pertuan Agong, Sultan Muhammad V, to compel it to sell the land at a below market value price of RM35.

  PETALING JAYA (April 2): Sime Darby Plantation Bhd (SDP) is seeking sale of some 4,300 acres of freehold estate land in Peninsular Malaysia, which they estimate will bring in RM1 billion.

KUALA LUMPUR (Feb 27): Sime Darby Property Bhd (Sime Prop) is currently in talks with one or two partners to develop the Malaysia Vision Valley (MVV).

KUALA LUMPUR (Nov 30): Sime Darby Bhd and Sime Darby Plantation (SD Plantation) both made strong debuts at the opening bell today as pure plays, but Sime Darby Property Bhd's (SD Property) share price fell behind the other two entities.

KUALA LUMPUR (Nov 21): Trading of Sime Darby Bhd's shares will be suspended on Nov 27 to facilitate the distribution of shares under the group's demerger exercise.

KUALA LUMPUR (Oct 2): Sime Darby Bhd said it has novated its rights and obligations under its Islamic debt papers programmes to its property development arm, Sime Darby Property Bhd.