Expanding Sime’s international presence

Sime Darby Bhd is a well-diversified conglomerate with operations in 20 countries and 70% of the group’s income is derived from outside Malaysia. In comparison its property subsidiary, Sime Darby Property Bhd, with footprints in six countries, derives only 10% of its income from overseas.

“We can leverage on the group’s global presence and it will be easier and less risky for us to penetrate the new markets where the Group already has a presence. To realise our international aspirations, we will be leveraging on the strong reputation and global reach of the parent company,” Sime Darby Property managing director Datuk Tunku Badlishah Tunku Annuar says.