Sime Darby shares advance on dividend hope

Sime Darbys share price closed 14 sen higher at RM2 with 13.80 million shares done. This is the highest since March 3.

PETALING JAYA: Shares of Sime Darby Bhd rose to a high of RM2.01 as investors expected the company to reward shareholders with a dividend from the sale of its stake in Tesco Stores (M) Sdn Bhd (Tesco Malaysia)

Its share price closed 14 sen higher at RM2 with 13.80 million shares done. This is the highest since March 3.