SINGAPORE: Standard & Poor's Ratings Services said today that it had placed its “A” long-term corporate credit rating and “axAAA” long-term Asean regional scale rating on Sime Darby Bhd on CreditWatch with negative implications.
This follows Sime Darby’s announcement it was in talks with Kulim Bhd to acquire a stake in NBPOL, an oil palm plantation based in Papua New Guinea.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!