Malaysia's Sime mulls further provision for Bakun

Newswire

KUALA LUMPUR, Feb 21 (Reuters) - Malaysian conglomerate Sime Darby Bhd said on Monday it was reviewing whether to make a further provision for losses incurred due to delays in the Bakun hydroelectric dam project. Sime Engineering Services Bhd , a unit of Sime Darby, is in charge of the main construction works of the $2.4 billion project in the eastern Malaysian state of Sarawak on Borneo island. Sime Darby also said it was also reviewing the recoverability of trade debts arising out of ...

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