Sime Darby Berhad MYX: Sime Darby is listed on the Main Board of Bursa Malaysia Securities Berhad. It has vested interests and close relationships with the Malaysian government. The modern Sime Darby Berhad corporation was created in through a merger of three companies.

In October , British businessmen William Sime and Henry Darby established Sime, Darby and Co. The company later diversified to cultivating palm oil and cocoa and met with enormous success. At the time of the company's founding, William Middleton Sime was a year-old Scottish adventurer and fortune seeker.

He had two failed ventures behind him — one in import-export business and the other in coffee plantations — when he left his job as a mercantile assistant in Singapore. Henry Darby was a wealthy year-old English banker who owned property in Northern Malaya.

A senior partner of the audit firm of the Sime Darby group was found dead in September Pinder was jailed after pleading guilty to criminal breach of trust in October In Sime Darby Holdings was acquired by Malaysian investors — mainly through Tradewinds Malaysia Sendirian Berhad. In December with the incorporation of two new Malaysian entities, Sime Darby Berhad SDB and Consolidated Plantations Berhad CPB , Sime Darby moved its headquarters to Kuala Lumpur and became a Malaysian registered and managed concern.

The company was founded in Singapore in by Alexander Guthrie. It was the first British trading company in South East Asia.

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Guthrie introduced rubber and oil palm in Malaysia in and respectively. Guthrie Group was made a public company in and was subsequently listed on the Kuala Lumpur Stock Exchange KLSE in in what was then the largest public issue in Malaysia. Its interests originally were in tropical agriculture but, while plantations have remained a core business interest, the company has diversified into other areas including glycerine manufacture, fruit juices and real estate.

SIME:Bursa Malays Stock Quote - Sime Darby Bhd - Bloomberg Markets

The group now has 83 subsidiaries based in seven countries. The main estate and plantations are Carey Island and Banting in Selangor. In January , the "three Malaysian giants": Sime Darby, Guthrie and Golden Hope, merged into the vehicle entity named Synergy Drive and on 27 November , Synergy Drive was renamed Sime Darby Berhad. Sime Darby had a land bank of , hectares in Sime Darby is an international conglomerate involved in many types of businesses ranging from agriculture to ports management.

Plantation sector remains the most important sector for the company.

Sime Darby operates palm oil and rubber plantations in Malaysia , Indonesia and Liberia. Plantations are Sime Darby's largest revenue generator, accounting for the majority of the group's profits in recent years. Sime Darby is one of the largest palm oil producers in the world, supplying about 2. About two-thirds of the Sime Darby's palm oil production comes from Malaysia, and one-third from Indonesia. The company's recently developed estates in Liberia were not yet in production as of A related company in the Sime Darby group, Sime Darby Biodiesel Sdn Bhd, produces biodiesel from crude palm oil.

Sime Darby Property is involved in the property development business in eight countries, namely Malaysia , Singapore, Indonesia , Philippines , Vietnam , People's Republic of China , Australia and United Kingdom. The company is involved in the purchasing, leasing and selling of industrial equipment such as Caterpillar Inc.

The company has motor dealerships in eight countries. It owns Auto Bavaria in Malaysia, which sells BMWs and MINIs.

With partnership with Ford , it sells Ford's cars and trucks together with the Land Rover brand. Besides that, it is the main dealership of Porsche and Alfa Romeo in Malaysia. It is also a major BMW dealer in Singapore, Australia, New Zealand, India and Thailand. In southern China, the company sells BMW and Rolls-Royce.

In addition, Sime Darby co-owns Inokom Corp Bhd , a joint-venture with Hyundai Motor Company which assembles and sells Hyundai vehicles in Malaysia. The healthcare division has a hospital and college of its own. The Sime Darby Medical Centre, formerly known as Subang Jaya Medical Centre, and its college, formerly known as SJMC Academy of Nursing and Health Sciences, was established in and currently is known as Sime Darby Nursing and Health Sciences College.

Tesco Stores Malaysia Sdn. Its inception in saw Sime Darby hold a 30 per cent stake in the joint-venture. Tesco currently operates 49 hypermarkets in Malaysia.

Sime Darby to split into three listed companies - Business News | The Star Online

Sime Darby has been accused of violating the land rights of local communities in Liberia, where they hold a concession for , hectares of farmland. Local environmental and human rights groups have called Sime Darby's contract with the Liberian government a "land grab," and say that the contract does not account for the ownership rights of the rural communities who live inside the concession area. In , representatives of one community made a formal complaint to the Roundtable on Sustainable Palm Oil RSPO , and in a group of communities signed onto a statement criticising the contract.

In , Sime Darby was accused of lighting some of the fires on Indonesian plantations that caused widespread pollution issues in Malaysia and Singapore. However, the company denied being responsible for the fires. From Wikipedia, the free encyclopedia. Sime Darby Berhad Type. Retrieved 4 March Routledge, , p. Retrieved 19 December Retrieved 1 August Child of Another Century.

The internationalisation characteristics and business strategies of Sime Darby Berhad". International Journal of Business Science and Applied Management. Retrieved 21 January Retrieved 24 February Retrieved 16 September Constituents of the FTSE Bursa Malaysia KLCI. AMMB Holdings Astro Malaysia Holdings Axiata Group CIMB Group Holdings DiGi.

Bagworm moth Basal stem rot Ganoderma orbiforme Cadang-cadang disease Little leaf syndrome Oryctes rhinoceros Rhynchophorus palmarum Oil palm bunch moth Tirathaba mundella Tirathaba rufivena Red ring disease Bursaphelenchus cocophilus. Mesocarp Palm kernel oil lauric acid Palm oil stearin stearic acid linoleic acid myristic acid oleic acid palmitic acid.

Fractionation Hydrolysis Milling Refining Saponification Transesterification. Biodiesel by region Neste Bioplastics Cellulosic ethanol Girl Scout Cookies Oleochemicals Vegetable oil cooking fuel.

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IOI Group Kuala Lumpur Kepong Berhad Sime Darby Wilmar International. AarhusKarlshamn GreenPalm Neste Unilever. FELDA Indonesia Commodity and Derivatives Exchange Malaysia Derivatives Exchange Malaysian Palm Oil Board Roundtable on Sustainable Palm Oil.

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Publicly traded government-linked company. Kuala Lumpur , Malaysia. Plantation , motors , industrial, property , logistics. Producers Bumitama Agri Cargill Equatorial Palm Oil Felda Global Ventures Holdings Feronia Inc. Active Berjaya Auto Mazda Malaysia MMSB Berjaya China Motor BCM Deauto Industries DISB HICOM Automotive Manufacturers Malaysia DRB-HICOM Commercial Vehicles DHCV Honda Malaysia HMSB Isuzu-HICOM Malaysia IHM Mercedes-Benz Malaysia MBM Volkswagen Group Malaysia VGM Hong Seng Assembly HSA Isuzu Malaysia IMSB MBM Resources Hino Motors Manufacturing Malaysia HMMMSB Mitsubishi Motors Malaysia MMM Naza Group Naza Kia NKM Nasim NSB Naza Euro Motors NEM N.