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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.
Transport Minister Anthony Loke (pic) is certainly making waves.
AFTER several months of uncertainty, the government’s plan to acquire Gamuda Bhd and Lingkaran Trans Kota Holdings Bhd (Litrak) toll highways finally got the nod from the Cabinet - removing a big hurdle.
A WEEK before the tabling of Budget 2020, this column highlighted that the budget will likely be a non-event as far as the market is concerned for the simple reason that the government’s finances are tight and it cannot simply afford the many wishes of the wide range of stakeholders.
SINGAPORE: The phenomenon of the dollar’s strength against emerging-market currencies during U.S. stock market sell-offs -- the so-called Dollar Smile -- has diminished.
LONDON: Saudi Aramco’s stop-start initial public offering was delayed again just days before a planned launch as doubts re-emerged about the $2 trillion valuation placed on the state oil giant by Crown Prince Mohammed bin Salman.
TAIPEI: Taiwan’s largest stock is so dominant it’s even underpinning a surge in the local currency.
RIYADH/LONDON/DUBAI: Saudi Arabia is setting the stage for a blockbuster listing of state oil giant Saudi Aramco in Riyadh, relying on easy credit for retail investors and pushing rich locals to invest with cash held abroad to achieve a $2 trillion (1.6 trillion pounds) valuation target.
PETALING JAYA: Serba Dinamik Holdings Bhd is expected to achieve its outstanding order book target of RM10bil by the end of fiscal 2019 (FY19) given the pace of its recent contract wins.