Malaysian Sime Darby, Japan's Mitsubishi Corporation, Tokyu Land and Hong Kong Land have also signed deals in Jakarta and surrounding areas.
Move undertaken to reduce gearing ahead of pure play listing
AFTER the move to divest its stake in Seriemas Development Sdn Bhd (SDSB) for RM625mil cash, there are several other property assets Sime Darby Bhd
may look to divest to reduce gearing ahead of the planned listing of its property arm.
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