PETALING JAYA: Permodalan Nasional Bhd (PNB), the parent of Sime Darby Bhd, is scrutinising the latter’s fund-raising plans with the view of exploring options other than a rights issue, according to sources close to PNB.
It is learnt that the fund prefers an exercise that would ensure that Sime’s management “sweats” its assets better and brings higher returns than currently.
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