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KUALA LUMPUR: Sime Darby Bhd may be facing some obstacles in its motor business with the ongoing riots in Hong Kong and uncertainties surrounding the US-China trade conflict.
KUALA LUMPUR: AmInvestment Research is maintaining its “hold” call on Sime Darby Bhd with an unchanged sum-of-parts based fair value of RM2.64 a share, based on forecast financial year 2021 price-earnings of 11 times for its motor segment.
KUALA LUMPUR: AmInvestment Research is maintaining its Hold recommendation on Sime Darby with an unchanged sum-of-parts based fair value of RM2.64 a share based on a FY21F PE of 11 times for its motor segment.
KUALA LUMPUR: Sunway Property, a division of Sunway Bhd, has acquired 3.69 acres of freehold land in Wangsa Maju for a proposed residential development.
Sime Darby carves its niche following the conglomerate’s break-up two years ago, according to CEO Datuk Jeffri Salim Davidson.
Recently, StarBizWeek met up with Sime Darby Bhd CEO Datuk Jeffri Salim Davidson (pic) at Sime Darby’s new headquarters in Ara Damansara. Nearly two years after its mega three-way demerger, Sime Darby is now a totally different company.
Hong Leong Group (HL) and private equity firm TPG have won the bid to acquire Columbia Asia Hospitals in South-East Asia.
KUALA LUMPUR: The Hong Leong Group, led by billionaire Tan Sri Quek Leng Chan and global alternative asset firm TPG have entered into a deal to acquire Columbia Asia Hospitals in South East Asia for US$1.2bil.
PETALING JAYA: Sime Darby Bhd is expecting its industrial division to continue its strong performance in the year ahead after boosting the group’s performance for the financial year ended June 30,2019 (FY19).
HONG KONG: A group of investors including Malaysian conglomerate Hong Leong Group and U.S. buyout firm TPG Capital is in advanced talks to buy hospital operator Columbia Asia, according to people familiar with the matter.