Sime Darby not in a hurry to divest non-core assets, group CEO says

Datuk Jeffri Salim Davidson said the group had seen good progress in its non-core asset rationalisation plan, with some divestment exercises completed in the financial year ended June 30,2019.

KUALA LUMPUR: Sime Darby Bhd is looking at trimming its non-core assets, even though it is not in a hurry to do so, as part of its five-year plan to create value for the group two years after its demerger exercise.

Its group chief executive officer, Datuk Jeffri Salim Davidson said the group had seen good progress in its non-core asset rationalisation plan, with some divestment exercises completed in the financial year ended June 30,2019.