English

04 August 2017

VOICE OF MSWG

Sime Darby’s announcement of its new leadership teams at each of its three individual standalone units, i.e. Sime Darby Berhad, Sime Darby Plantation Berhad and Sime Darby Property Berhad, were positive on a number of fronts.

Firstly, timing.

By informing the market several months before their listings on Bursa at year-end, shareholders will have been given enough time to digest the news while allowing the respective managers to get used to, and to settle into their new roles.

Secondly, certainty.

The appointments remove any doubt as to who exactly will oversee Sime’s Property, Plantations and Group units, with a clear reporting structure installed.