PETALING JAYA: Sime Darby Bhd has launched a coffee table book to commemorate its 110th anniversary and illustrate its evolution from the group’s humble beginnings to its transformation into a multinational with operations in Malaysia, China, Australia and other parts of the world.
Titled "Futures Made Better - Sime Darby at 110", the book showcases Sime Darby’s history from its establishment in 1910 as Sime Darby & Co Ltd, through the merger of two smaller firms of plantation managers, Sime and Moorhouse, and Darby and Watson.
“The company’s colourful journey shines through the insights of its corporate and business developments as it grew in Malaya, Malaysia and beyond, ” the company said in a statement yesterday.
In the same statement, Sime Darby chief executive officer Datuk Jeffri Salim Davidson (pic) said the group’s 110th anniversary was a meaningful milestone for Sime Darby.
“Looking back on our journey, we are proud to learn and appreciate our history. What is truly remarkable is the foresight, imagination and strong leadership demonstrated by our forefathers which has permeated over the decades and which has ultimately shaped the Sime Darby that we know today.”
“A multinational company with presence in 18 countries, Sime Darby truly reflects the extraordinary growth of a humble Malayan company into a global multinational player.”
Among its notable milestones include the merger with two other major Malaysian corporations, such as Kumpulan Guthrie Bhd and Golden Hope Plantations Bhd in 2007, which created the world’s largest oil palm plantation company in terms of planted area; and subsequently the establishment of Malaysia’s leading diversified conglomerate with businesses in property development, the automotive industry, heavy equipment and engineering.
“A decade later, the company evolved yet again, setting an unprecedented transformation in Malaysia’s corporate history, from a diversified conglomerate into three independent pure-play entities, namely, Sime Darby Plantation Bhd, Sime Darby Property Bhd and Sime Darby Bhd, which consists of industrial, motors, logistics and healthcare businesses, ” said the company.
“Today, Sime Darby Bhd is a lean, focused and driven multinational that continues to share a great deal of commonality with the Sime Darby of 1910, not only in terms of business but also in its ethos of pioneering spirit, a global mindset, the desire for growth and the ability to endure challenges and obstacles.”