News about Sime Darby

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.

KUALA LUMPUR (Aug 28): Sime Darby Property Bhd's net profit plummeted 85.

KUALA LUMPUR (Aug 11): Sime Darby Property is inviting bids for two prime parcels of land in Kuala Lumpur and Penang island, The Edge Malaysia reported in its Aug 13 issue.

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.

KUALA LUMPUR (July 26): Melawati Mall, which is jointly developed by CapitaLand and Sime Darby Property Bhd, targets an occupancy rate of 90% for the one-year old mall by the end of this year.

KUALA LUMPUR (July 24): Sime Darby Property Bhd (SimeProp) jumped 7.

KUALA LUMPUR (July 23): Tan Sri Dr Zeti Akhtar Aziz (pictured) has been appointed chairman of the board at Sime Darby Property Bhd.

KUALA LUMPUR (July 6): Sime Darby Property Bhd said it sold as much as 90% of its new launches within one week, suggesting resilient demand for both its residential and commercial products despite the soft property market.

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.

KUALA LUMPUR (July 2): Sime Darby Property Bhd and MMC Corp Bhd’s RM200 billion Pulau Carey port project is unlikely to proceed, given the Pakatan Harapan government’s austerity drive and review of mega projects, said CIMB Research analyst Raymond Yap.