17 October 2018
Sime Darby Plantation bagged three awards at the recent Oils And Fats International Congress (OFIC) 2018, a testament to our outstanding performance in the palm oil industry.
Heading the list of award recipient from Sime Darby Plantation was Chief Advisor & Value Officer (CAVO), Datuk Franki Anthony Dass, who was conferred the Honorary Fellow 2018, for his many contributions to the industry.
09 October 2018
Citi Research is retaining Sime Darby Plantation as its top pick among the Malaysian plantation companies with a target price of RM6.29.
It believes investors should place a premium on Sime Darby Plantation’s growth prospects, through effective execution on replanting initiatives to lower the average age of palm trees, and also its potential to pay higher dividends with lower capex spend.
16 September 2018
KUALA LUMPUR (Sept 16): Malaysian Rating Corp Bhd (MARC) has affirmed Sime Darby Plantation Bhd's (SDP) corporate credit rating at AAA, with a stable outlook.
According to MARC, the rating is driven by SDP’s sizeable and geographically diversified oil palm plantations that support a strong cash flow generating ability to provide a healthy buffer against its financial obligations.
23 August 2018
23 August 2018 - New Britain Palm Oil Limited (NBPOL) completed the acquisition of 100% equity interest in Markham Farming Company Limited (MFCL) for a total cash consideration estimated at USD52.6 million (equivalent to approximately RM215.6 million), from Markham Agro Pte. Ltd. (MAPL), a private limited company incorporated in Singapore. In addition to this, NBPOL also assumed outstanding net debt of MFCL and MAPL totalling approximately USD11.0 million.
26 July 2018
Miss Nuchanand Sukmongkol, General Manager of Morakot received the Superbrands Award from Mr. Mike English, Managing Director of Superbrands
18 July 2018
PETALING JAYA, 18 JULY – In line with its role as a leader in plantation sustainability, Sime Darby Plantation Berhad today launched a fabric recycling initiative at its headquarters here, in collaboration with Kloth Cares, a fabric recycling organiser.
14 June 2018
Sime Darby Plantation (SD Plantation) has been added to the Dow Jones Islamic Market Malaysia Titans 25 Index with effect from 14 June 2018, following a review undertaken by S&P Dow Jones Indices for the second quarter of 2018.
The Dow Jones Islamic Market Malaysia Titans 25 Index is designed to measure the top 25 stocks in the Dow Jones Islamic Market Malaysia Index, which is comprised of Malaysia-domiciled companies that pass rules-based screens for adherence to Shariah investment guidelines.
04 June 2018
Carey Island, Selangor, 4 June 2018 – Indonesian Ambassador to Malaysia, His Excellency Rusdi Kirana today spent the evening breaking fast with about 200 Indonesian workers employed by Sime Darby Plantation Berhad (SD Plantation). The event, held at Sime Darby Plantation Academy in Carey Island, was part of the Ambassador’s initiative to meet with migrant Indonesian workers in Malaysia and to engage with them.