“The sale of SDGSC is in line with the group’s strategy to focus on the growth of its core businesses in automotive and heavy equipment trading,” Sime Darby said in a statement issued on Thursday.
Sime Darby said the deal would enable SDGSC to expand its portfolio and gain access to cutting edge technologies through the acquisition agreement with DXC Technology, a global leader in the business process services (BPS) space.
Effective immediately, SDGSC will be fully integrated into the BPS and delivery operations of DXC Malaysia.
Sime Darby said as part of the sale, it also signed a long-term outsourcing agreement with DXC, which would ensure that the group would continue to have access to world-class standards, processes and technology.
Sime Darby group CEO Datuk Jeffri Salim Davidson said SDGSC had served it well in enhancing efficiency and productivity since 2008.
“The deal with DXC is expected to further drive productivity gains for the group,” he said.
Jeffri Salim pointed out the partnership with DXC was particularly meaningful due to the recognition its talent at SDGSC was getting for their hard work and commitment that has made the company what it is today.
DXC Technology Asia vice president and general manager Koushik Radhakrishnan said DXC Technology has a strong market presence across Asia, with Malaysia serving as a strategic capability hub.
He said the managed services agreement with Sime Darby and acquisition of SDGSC enhanced its relevance to customers in Asia, and enables innovation and productivity improvements for Sime Darby.
To recap, on April 16, DXC Technology launched its DXC next generation security operations centre (SOC) in Kuala Lumpur.
Serving both regional and global clients, the Malaysia centre would help strengthen and enhance overall security of enterprises by integrating advanced security analytics across information technology (IT) and operational technology (OT). This would provide better visibility, correlation and response to security threats and vulnerabilities.
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