Press Release

Kuala Lumpur, 13 September 2019 - With reference to a news report by Reuters entitled ‘Indonesia hits back at Malaysia over forest fires’ dated 13th September 2019, Sime Darby Plantation Berhad (SDP) would like to clarify that as at 4.00pm (GMT +8) today, 13 September 2019, there has not been any action taken by the Indonesian Authorities to seal off the operations of PT Sime Indo Agro (PT SIA) due to fire occurrence. PT SIA is part of the Minamas Group, a wholly subsidiary of SDP in Indonesia.

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PRESS RELEASE For Immediate Release Friday, 30 August 2019   Sime Darby Plantation Registers Net Earnings of RM101 million for the Six Months Ended 30 June 2019 Continuous improvements in operational efficiencies and steady earnings from Sime Darby Oils mitigated the adverse impact from weak CPO and PK prices

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From Left: Mr. Asanee Mallamphut, Head Asia Pacific- Customised, Sime Darby Oils, Mr. Mohd Haris Mohd Arshad, Managing Director, Sime Darby Oils, Dr. B.R. Shetty, Chairman, ADVOC, Mr. Binay Shetty, Vice-Chairman & CEO BRS Ventures, Mr. Nirman Shetty, Director ADVOC.  

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Singapore, July 03, 2019 -- Moody's Investors Service has affirmed the Baa1 issuer rating of Sime Darby Plantation Berhad (SDP).  At the same time, Moody's has affirmed the (P)Baa1 rating on the $1.5 billion senior unsecured medium-term note programme of its wholly owned subsidiary, Sime Darby Global Berhad and the Baa1 senior unsecured debt rating on the sukuk issued by Sime Darby Global Berhad.  The outlook is maintained at stable.  RATINGS RATIONALE 

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KUALA LUMPUR, 3 JULY 2019 - Sime Darby Plantation (SDP) today published its ‘Working with Suppliers to Draw the Line on Deforestation’ policy statement to strengthen their commitment to achieve a sustainable supply chain.   The policy builds on SDP’s existing practice and maps a step forward to meet the No Deforestation, No Peat, No Exploitation (NDPE) standards as well as SDP’s expectation that suppliers adhere to those same standards.  

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Cargill, Golden-Agri-Reources, Musim Mas, Sime Darby Plantation and Wilmar announce two new pilots as part of the ‘Decent Rural Living Initiative’ convened by Forum for the Future   Five industry leaders have today announced two new collaborative pilot projects set to tackle labour rights challenges in Indonesia’s palm oil sector, by developing much-needed improvements in working conditions.  

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The European Palm Oil Alliance (EPOA), together with other industry associations, stakeholder companies, and civil society bodies, today issued a joint call to action for all European stakeholders to actively support the Sustainable Palm Oil Choice initiative. The appeal was made at the Sustainable Palm Oil Dialogue event in Utrecht, the Netherlands.

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Kuala Lumpur, 31 May 2019 – For the first quarter of its financial year ending 31 December 2019 (Q1 FY2019), Sime Darby Plantation (SD Plantation) Group recorded a profit before tax (PBT) of RM125 million, 64 percent lower compared to the corresponding quarter of the previous year (Quarter ended 31 March 2018).

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Kuala Lumpur, 23 May 2019 – Sime Darby Plantation Berhad (SDP) today launches ‘Crosscheck’, an open access online tool that allows everyone to trace sources of SDP’s palm oil supply down to the mill level. This latest effort by SDP represents a major step forward for the Company in its journey to create a deforestation-free supply chain. As the leading producer of sustainable palm oil, SDP shares the concern that the rapid rate of deforestation has become an urgent challenge that calls for a meaningful response from various stakeholders.

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