Sime looks to monetise China investment

The company said in a statement that Elsa marks the launch of the Sime Darby Property Affordable Collection which include high-rise and landed properties priced below RM500,000, located within the Klang Valley

KUALA LUMPUR: Sime Darby Bhd is exploring opportunities to monetise its RM2.4bil investment in the logistics business in Shandong, China.

Group chief executive officer Jeffri Salim Davidson said its investment in Shandong comprised Weifang Sime Darby Port, three river ports and a water treatment plant.