“E&O is a non-core business for us. Hence, there are no plans to invest further in this business, ” chief executive officer Datuk Jeffri Salim Davidson(pic) told StarBiz.
PETALING JAYA: Sime Darby Bhd
is not participating in Eastern & Oriental Bhd’s (E&O) rights issue exercise as part of its plan to sell its “non-core” assets and businesses.
“E&O is a non-core business for us. Hence, there are no plans to invest further in this business, ” chief executive officer Datuk Jeffri Salim Davidson(pic) told StarBiz.
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