Sime Darby to focus on core business

HLIB Research viewed the exercise as a good move that reflected Sime Darby’s long-term expansion plan.

PETALING JAYA: Sime Darby Bhd’s proposed disposal of its entire 50% stake in joint venture (JV) Ramsay Sime Darby Health Care (RSDH) is seen as a positive move that will benefit the group in the long run.

Analysts said the strategy would not only enable the conglomerate to focus on its core business to expand healthily but the disposal would also help address the group’s gearing.