PETALING JAYA: Sime Darby Property Bhd
shareholders can expect higher dividend payouts in the future, as the developer’s ongoing initiative of disposing non-strategic land will bolster its coffers.
CIMB Research said in a report that Sime Darby Property has been disposing plots of land outside of its key projects to enhance land value and expedite development via other developers.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
