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Sime Darby exits China ports scene

Diverse Malaysian conglomerate Sime Darby is exiting the port business in China, selling its stakes in three river ports in Jining in Shandong province for RMB294m. Sime Darby group chief executive officer Datuk Jeffri Salim Davidson said the decision was part of wider plans to divest non-core assets. “Operations are facing continued downward pressure on …

WP_Post Object ( [ID] => 236139 [post_author] => 76 [post_date] => 2020-12-03 06:29:51 [post_date_gmt] => 2020-12-03 06:29:51 [post_content] =>

Diverse Malaysian conglomerate Sime Darby is exiting the port business in China, selling its stakes in three river ports in Jining in Shandong province for RMB294m. Sime Darby group chief executive officer Datuk Jeffri Salim Davidson said the decision was part of wider plans to divest non-core assets. “Operations are facing continued downward pressure on …

[post_title] => Sime Darby exits China ports scene [post_excerpt] => Diverse Malaysian conglomerate Sime Darby is exiting the port business in China, selling its stakes in three river ports in Jining in Shandong province for RMB294m. Sime Darby group chief executive officer Datuk Jeffri Salim Davidson said the decision ... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => sime-darby-exits-china-ports-scene [to_ping] => [pinged] => [post_modified] => 2020-12-03 06:29:51 [post_modified_gmt] => 2020-12-03 06:29:51 [post_content_filtered] => [post_parent] => 0 [guid] => https://splash247.com/?p=132355 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )