News about Sime Darby

KUALA LUMPUR (Feb 23): Malaysia’s residential property absorption rate has hit a 14-year low, according to Kenanga Investment Bank Bhd head of equity research Sarah Lim.

SHAH ALAM (Feb 20): Premier lifestyle developer Eco World Development Group Bhd (EcoWorld) is optimistic about the overall property market this year, which it expects to improve, partly anchored by factors that include low interest environment and positive buying sentiment.

PETALING JAYA (Feb 20): Sime Darby Property is offering first-time homebuyers and loyal customers the opportunity to own their dream homes with its “Big 5” promotion for selected properties located in five Sime Darby Property townships in the Klang Valley and Negeri Sembilan.

KUALA LUMPUR (Feb 6): Sime Darby Property’s Senada Residences project at ALYA Kuala Lumpur has achieved a take-up rate of between 55% and 60% since its official launch in September last year.

KUALA LUMPUR (Feb 3): Conglomerate Sime Darby Bhd's plan to list its plantation and property businesses could lead to a weaker credit profile, according to Moody's Investors Service.

KUALA LUMPUR (Feb 2): Sime Darby Bhd’s restructuring plan to create three stand-alone businesses in the plantation, property as well as trading and logistics sectors could lead to a potential de-rating of the stock, say analysts.

Sime Darby Bhd (Jan 31, RM8.

KUALA LUMPUR (Jan 27): Sime Darby Bhd plans to create three pure play stand-alone businesses in the plantation, property and trading and logistics sectors, by floating the shares in its plantation and property arms, while retaining its trading and logistics business under the current listed entity.

KUALA LUMPUR (Jan 27): Hong Leong IB Research has maintained its “Buy”rating on Sime Darby Bhd with a higher target price of RM10.

KUALA LUMPUR (Jan 26): Sime Darby Property and the Construction Research Institute of Malaysia (CREAM) today signed an agreement to commercialise the Divergent Dwelling Design (D3) design concept.