Sime port ops, disposal will benefit bottomline


Sime’s port asset: The Weifang Port in Shandong Province in China which is owned by Sime Darby.

PETALING JAYA: The liquidation of Sime Darby Bhd’s Guozhuang Port in Jining, China last week has raised questions whether the group will finally exit its port and logistics business in the republic.

It has been learned that the disposal of the port would take longer than expected due to market dynamics.

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Sime Darby , ports , operations , bottomline , disposal , Ghozhuang , China , Jining ,

   

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