News about Sime Darby

The freehold homes, priced from RM420,888, offer built-up areas ranging from 1,010 to 1,138 sq ft.

The two companies inked a memorandum of understanding (MOU) for the proposed partnership at the sidelines of the 102nd Asean Business Advisory Council (Asean-BAC) Meeting on Thursday.

The mall, which has been operational since August 2024, serves as a retail and leisure hub for the City of Elmina and beyond.

The assets — previously owned by a 50:50 joint venture with a Japanese consortium — consolidates Sime Darby Property’s ownership of the logistics assets, the company said in a statement.

The scope of the contract encompasses comprehensive main infrastructure works, including roads, drainage systems, water reticulation, sewerage, KUALA LUMPUR (Dec 16): Advancecon Holdings Bhd (KL:ADVCON) has bagged a main infrastructure work contract worth RM44.

"We estimate that the investment by Google for Phase 2 could be worth RM4 billion to RM5 billion, as the capacity could be around 200MW to 250MW, based on the land size and the value of total rental.

“The presence of these data centres in Elmina Business Park enhances Selangor’s attractiveness as a key digital hub for Malaysia, buoyed by Selangor’s well-developed infrastructure, business-friendly policies, and collaborative efforts of authorities,” said Sime Darby Property’s group managing director Datuk Seri Azmir Merican.

JUMPA @ Elmina Valley, a multi-storey commercial development 500 metres from Elmina City Centre, achieved a 100% take-up rate within a day, while Kanopi, the first phase of serviced apartments within Elmina City Centre, recorded 70% take-up upon launch.

“We like quality assets, especially spaces that we are very familiar with,” said group managing director Datuk Seri Azmir Merican.

The strong sales in the first nine months helped lift Sime Darby Property's cumulative net profit and revenue to record highs.