UPDATE 1-Sime Darby seeks $500 mln by listing automobile unit-sources


(Adds company comment, details) KUALA LUMPUR, July 4 (Reuters) - Malaysia's Sime Darby Bhd , the world's top oil palm planter by landbank size, is seeking to raise about $500 million by listing its automobile unit as early as this year, people familiar with the matter said on Friday. Sime Darby has invited banks to make a pitch to win the IPO mandate, they added. The plantations-to-motoring conglomerate had earlier flagged possible listings of some units to ...


To access this content simply register below now.
Registering is easy and allows you to:

  • Access all WardsAuto.com public content and newswire stories
  • Participate in forums
  • Comment on articles
  • Sign up for e-newsletters
  • And much more!

Already registered? here.


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×