Officials familiar with the deal said that the management might not be keen to issue the perpetual debt paper if there was any downgrade on Sime Darby
PETALING JAYA: Sime Darby Bhd
is proposing to acquire a controlling stake in Singapore-listed Saizen real estate investment trust (REIT) by injecting its industrial assets in Australia into the target fund for new units.
Saizen REIT is a cash trust following the disposal of its Japanese assets earlier this year.
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