Malaysia: Sime Darby to raise $430m via asset sale in Australia, Singapore

Malaysia: Sime Darby to raise $430m via asset sale in Australia, Singapore

Sime Darby website.

Malaysia’s oldest conglomerate Sime Darby Bhd is looking to raise some MYR1.8 billion ($430 million) in net proceeds by monetising real estate assets in Australia and Singapore, to pare down debt.

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