Sime Darby Plantation to sell Klang land for RM618mil

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The story "Sime Darby Plantation to sell Klang land for RM618mil" was covered 3 months ago by The Star, a news publisher based in Malaysia.

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The Star 3 mo ago

Sime Darby Plantation to sell Klang land for RM618mil - The Star

Quick Summary:

KUALA LUMPUR: Sime Darby Plantation Bhd (SDP) is disposing of three parcels of land totalling 948.83 acres in Klang, Selangor to Sime Darby Property (Bukit Tunku) Sdn Bhd (SDPBT) for RM618 million.

The proceeds derived from the proposed disposal will be utilised for working capital requirements.

SDP said it expects to complete the SPA within three months after all conditions precedent have been fulfilled.