Sime Darby makes record RM684 mil impairment to give pure plays a clean start

KUALA LUMPUR (Aug 26): Sime Darby Bhd, which is set to list its plantation and property arms — Sime Darby Plantation Bhd (SD Plantation) and Sime Darby Property Bhd (SD Property) — separately on Bursa Malaysia by November, has undertaken a record impairment at the group level to provide a clean sheet for their financials, moving forward.

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Final phase at VERVE Suites KL South to be unveiled this weekend

KUALA LUMPUR (Aug 25): For those who want to own a piece of VERVE Suites KL South along Old Klang Road in Kuala Lumpur, this is probably your last chance to do so as the final phase of the development comprising 45 Small-office Home-office (SoHo) units will be open for sale this coming weekend.

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