Show-cause letters sent to several Sime directors
Thu, 09 Jun 2011 16:20:32 -0700

By anita gabriel petaling jaya: The Securities Commission (SC) has issued show-cause letters to several Sime Darby Bhd directors regarding possible breaches of the Listing Requirements, according to sources. This marks another step in the investigation ...

Sime Darby pledges to fight corruption
Thu, 09 Jun 2011 16:34:31 -0700

Petaling jaya: Sime Darby Berhad (SDB) has signed the Corporate Integrity Pledge to formalise its commitment in fighting corruption. Malaysian Anti-Corruption Commission (MACC) chief commissioner Datuk Seri Abu Kassim Mohamed lauded the company for ...

Bursa malaysia: Mart Eases On Weak Performance By Financial Stocks
Thu, 23 Jun 2011 03:16:12 -0700

Among heavyweights, Petronas Chemicals rose one sen to RM7.08, Sime Darby was two sen lower at RM9.17 while Axiata was unchanged at RM5.00. The Main Market volume rose to 700.81 million shares worth RM1.4 billion from 682.5 million shares worth RM1.49 ...

Press digest - malaysia - June 10
Thu, 09 Jun 2011 17:07:23 -0700

The Securities Commission (SC) has issued showcause letters to several Sime Darby Bhd directors regarding possible breaches of the Listing Requirements, sources said. * The Malaysian Anti-Corruption Commission (MACC) has confirmed that it is ...

Former Sime Darby CEO withdraws notice against four
Wed, 15 Jun 2011 16:45:23 -0700

By shaila koshy kuala lumpur: Sime Darby group's former chief executive officer Datuk Seri Ahmad Zu-bir Murshid has withdrawn his third party notice to four of the 22 former and current directors in the conglomerate&#3 9;s law suits against him. ...

Blue-Chips Help Push Bursa Malaysia To Close Firmer
Wed, 29 Jun 2011 03:16:53 -0700

In heavyweight counters, Maybank rose four sen to RM8.93, Sime Darby increased seven sen to RM9.27, Tenaga gained six sen to RM6.76 and Petronas Chemicals rose two sen to RM7.06. The Main Market volume rose to 866.116 million shares valued at RM1.764 ...

Fertiliser prices seen increasing
Thu, 16 Jun 2011 16:39:10 -0700

In addition, Credit Suisse reckoned that with Sime Darby increasing the salaries of its 37000 estate and mill workers by RM200 per month effective July 1, there would likely be pressure on other plantation companies to follow suit.

Invest in Africa for the long-term, says Sime Darby Plantations
Sat, 18 Jun 2011 01:54:06 -0700

By Noor Soraya Mohd Jamal putrajaya, June 18 (Bernama) -- Companies and entrepreneurs venturing into Africa must not only invest for the long-term but also give priority to corporate social responsibilitie s, says a Sime Darby Plantation Sdn Bhd ...

Malaysian Air, Scientex, Sime , Tenaga: Malaysia Stock Preview
Tue, 21 Jun 2011 17:45:50 -0700

Sime Darby Bhd. (SIME) : The Malaysian plantation, property and auto group has set up a company in China to supply process equipment and heat exchangers, the company said in a statement. The stock was unchanged at 9.19 ringgit. ...

FBM KLCI closes higher
Wed, 29 Jun 2011 20:02:44 -0700

For the heavyweights, PBK added 6 sen to RM13.30, CIMB shed 2 sen to RM8.93 and Sime Darby shed 4 sen to RM9.23. fbm klci lost 0.69 points to 1574.32 at the closing of the morning trading today with losers leading gainers. The closing today was in line ...

Pressure on small planters, Sime Darby raises salaries by RM200
Thu, 09 Jun 2011 17:53:09 -0700

By jack wong kuching: Smaller plantation companies will find it tougher to compete for Indonesian workers following Sime Darby Bhd's decision to increase the basic wages of its 37000 estate and mill workers by RM200 per month from July 1. ...

Ford Ecoboost Engine Vehicles Open For Booking Next Week
Thu, 30 Jun 2011 02:47:35 -0700

Meanwhile, Hazem Abd Rahman, Managing Director, Sime Darby Auto Connexion Sdn Bhd, the exclusive distributor for Ford cars in Malaysia, said both models would cater for the growing needs of all Malaysians. He said the ecoboost engine models are ...

Q+A-Growing labour shortage to hit Malaysia's palm oil output
Wed, 22 Jun 2011 03:01:22 -0700

Sime Darby , the world's No.1 planter by land assets, will raise workers' salaries by 200 ringgit in July, bumping up its costs to 1600 ringgit a tonne. This eats into profit margins, although companies still make money as palm oil KPOc3 is currently ...

CPO prices to weaken by second half of 2011
Mon, 27 Jun 2011 18:26:38 -0700

... ahead of actual prices by 1.5 years,a Kenanga Research stated. The research house pegged Sime Darby Bhd at a target price of RM11.06 per share, IOI Corporation Bhd at RM5.45, Kuala Lumpur Kepong Bhd at RM21.92, Genting Plantations Bhd at RM8.77.

Subang Ria Park belongs to residents
Tue, 07 Jun 2011 20:49:38 -0700

Subang jaya: THE 14-year tussle for Subang Ria Park between Subang Jaya residents and property developer Sime Darby Berhad ended yesterday, much to the elation of the residents. Selangor State Appeals Board announced the park will be retained as a ...

Bursa malaysia: Share Prices Climb In Active Buying
Wed, 15 Jun 2011 03:42:03 -0700

Malaysia's two largest banking groups Maybank and CIMB added two sen each to RM8.75 and RM8.43 respectively while conglomerate Sime Darby edged up one sen to RM9.18 and Asian telco giant Axiata rose four sen to RM4.93. Consumer products accounted for ...

Najib Announces Nine New ETP Projects Worth RM2.27 Billion
Mon, 13 Jun 2011 07:23:33 -0700

Others include Sime Darby Healthcare Group investing in the establishment of two specialist hospitals, Sime Darby Medical Centre Ara Damansara (SMDC AD) and Sime Darby Medical Centre Desa Park City (Parkcity). SMDC AD and Parkcity will cost RM240 ...

A Special Selection
Thu, 30 Jun 2011 14:07:05 -0700

If you're going second-hand, why not choose the high road with Sime Darby Select? BUYING a second hand car on your own can be a tough experience - with both buyer and owner trying to maximise what their money's worth. But the fact is - second hand cars ...

Sime Darby debts outlook stable: MARC
Fri, 17 Jun 2011 03:35:02 -0700

Sime Darby Bhd, the world's biggest-listed palm oil producer, had the rating outlook on its Islamic debt facilities revised to a stablea from a negativea by Malaysian Rating Corp. The revision is for a RM4.5 billion Islamic medium term note program and ...

Rep. Chambers Furious Over Deliberate Actions From Executive...Rec ommends ...
Thu, 09 Jun 2011 02:49:04 -0700

Chambers cited instances which he mentioned being proven evidence in disparity among the citizenry, stating that the management of the Sime Darby Oil Palm Company, still managing the old rubber plantation known as Guthrie, is paying in cash to its ...