Malaysia Digest: Sime Darby sells China water business; Ex-Khazanah ED joins MIDF

Malaysia Digest: Sime Darby sells China water business; Ex-Khazanah ED joins MIDF

Petronas Twin Towers in Kuala Lumpur at night.

Malaysia’s Sime Darby Bhd has proposed to divest its China-based water management business, Weifang Sime Darby Water Management Co Ltd for $68 million while Malaysian Industrial Development Finance Bhd (MIDF) has appointed ex-Khazanah executive director to be its group managing director.

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