Sime needs to float individual divisions to extract value

About 60% of Sime’s earnings come from its plantation division.

AFTER some years of vacillating whether to unlock value of the divisions in Sime Darby Bhd, signs do indicate that strategy in on the cards again.

The premise of such a move will see Sime Darby raise a significant amount of money and improve accountability and efficiency of its divisions and businesses should it undertake such corporate manoeuvres but some quarters argue whether that move will be in the interest of the conglomarate.