Sime Darby Prop eyes up to 10% recurring income contribution

KUALA LUMPUR (Aug 29): Sime Darby Property Bhd (SDP) is targeting its recurring income segment to contribute up to 10% from its profit before interest and tax (PBIT) by 2022 or 2023 as part of the group’s strategic pillars to grow the recurring income, according to group chief financial officer Datuk Tong Poh Keow.

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Quarza@Melawati's mall to open at end-2019

KUALA LUMPUR (July 26): The neighbourhood shopping mall which situated at the Quarza@Melawati integrated development in KL East will open its doors to the public by the end of next year, according to Sime Darby Property (Integrated) COO Quek Cham Hong.

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Proposed Labu aviation hub ‘fine’ for MRO, but not airport

KUALA LUMPUR (July 2): Almost 10 years after the federal government shot down a proposal to build an airport funded by the private sector in Labu, Negeri Sembilan, the topic has been revived after the Pakatan Harapan state government announced its intention to develop an aviation hub there.

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