Malaysia's Sime Darby delays auto biz IPO to H2

Malaysia's Sime Darby delays auto biz IPO to H2

Sime Darby Motors distributes high-end brands like Porsche. Image taken from Porsche Malaysia website.

Malaysia’s oldest conglomerate Sime Darby Bhd will postpone the initial public offering of its auto business to the second half of this year, chief executive Bakke Salleh told reporters.

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