Sime Darby Property to keep inventory low

Group managing director Datuk Azmir Merican (pic) tells StarBizWeek he is expecting sales of completed inventory for financial year 2021 ending Dec 31 (FY21) to hover at around RM400mil.

AS appetite for purchasing property continues to hold up among the general public during this Covid-19 pandemic, Sime Darby Property Bhd continues to focus on reducing its inventory levels.

The company has seen a reduction in its inventory of late and would like to keep it at a low level, moving forward.