But Sime Darby Plantation Bhd emerged as the biggest loser from Sime Darby’s demerger exercise. “Investors may have been selling the shares of Sime Darby Plantation and Sime Darby Property to buy the Sime Darby counter instead, as there is more value in the holding company. “So, it will be more attractive for the investors to hold Sime Darby compared to Sime Darby Plantation or Sime Darby Property,” he said. However, Wong indicated that prospects of both Sime Darby Plantation and Sime Darby Property would likely improve in the medium term. Sime Darby resumed trading yesterday after it was suspended from Monday to facilitate the listings of Sime Darby Plantation and Sime Darby Property.

Source: The Star November 30, 2017 23:03 UTC