The group said Sime Darby Plantation Bhd (currently Sime Darby Plantation Sdn Bhd) has since 2007 seen its land bank grow from 633,000ha to 988,599ha, with planted hectarage of 603,254ha, compared with 540,000ha a decade ago, making it the largest oil palm plantation company in the world. Meanwhile, Sime Darby Property Bhd has evolved into an integrated developer, with access to some of the most strategic land banks in Malaysia. “After the listing of Sime Darby Plantation and Sime Darby Property, Sime Darby Bhd will be a more focused company, with the steady businesses of Sime Darby Industrial and Sime Darby Motors anchoring its future growth, while the Logistics and Healthcare Divisions will offer exciting opportunities in the future,” said the conglomerate. Sime Darby Industrial is also exploring new opportunities in new energy solutions, and expansion opportunities in key geographies. “Sime Darby Bhd will continue to seek out growth opportunities in home markets and beyond.

Source: The Edge Markets January 27, 2017 00:32 UTC