Sime Darby cements its position as key auto player

MERGERS and acquisitions have always been a steady diet for companies globally and when one happens to take place in Malaysia that is of market-moving size and scale, the impact will be felt.

That was the case when Sime Darby Bhd made its move to bring UMW Holdings Bhd under its wing for RM5.84bil that has put Sime Darby in the spotlight for the sheer command it will have on the automotive industry.

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