First phase of Sime Darby Property's Elmina Ridge 1 fully sold
The entire Elmina Ridge 1 development comprises 228 units of superlink, cluster and semi-detached homes with a total gross development value (GDV) of RM373 million.
SDPLOG reaches target RM1 bil in final close of industrial development fund
The RM1 bil Shariah-compliant fund sponsored by Sime Darby Property and LOGOS Property consists of five other limited partners, including local institutional investors such as Permodalan Nasional Bhd.
Analysts see Gamuda clinching more hyperscale data centre projects
Gamuda’s established regional presence, track record, and the current growth in DC investment position the group well for further opportunities, according to Hong Leong Investment Bank (HLIB) Research.
Gamuda wins RM1.74 bil job to build Sime Darby Property’s hyperscale data centre at Elmina Business Park
The project is set to commence next Monday (May 27) and is scheduled for completion on Feb 27, 2026.
Sime Darby Property surges to fresh six-year high on data centre venture
More than a dozen analysts covering the stock raised their target prices to also account for the stronger-than-expected results announced on Tuesday.
Cahya Mata Sarawak 1Q net profit down 10%
But the declines in topline contribution were offset by higher year-on-year revenue across the group’s other segments, led by the road maintenance and property development divisions.
Sime Darby Property confident of defending profit margin
Its group managing director Datuk Azmir Merican Azmi Merican said the group’s financial result for the first quarter ended March 31, 2024 (1QFY2024) serves as a strong testament to the effectiveness of having a good product mix as a tool to fortify margins.
Sime Darby Property to build, lease out data centre in RM2 bil deal
The data centre in Malaysia will be situated on a 49-acre (19.
Sime Darby Property soars to near six-year high after 1Q results
Core net profit for the first three months ended March 31, 2024 (1QFY2024) accounted for 29% of consensus’ full-year estimates, which was above expectations, as analysts noted that SimeProp usually reports stronger results in the second half.
