PETALING JAYA: Sime Darby Bhd
has announced that it will not be pursuing a joint venture with VTTI Asia Pte LTd to explore opportunities at Weifang Sime Darby Port in China.
Sime Darby’s indirect subsidiary - Weifang Sime Darby Port Co Ltd - had entered into a memorandum of understanding (MoU) with VTTI on Oct 25, 2013 to explore possibilities of jointly developing, owning and operating the bulk liquid storage terminal at Weifang Sime Darby Port.
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