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Sime Darby offloads fabrication assets

Malaysian conglomerate Sime Darby will sell its oil & gas fabrication assets to Malaysia Marine and Heavy Engineering Holdings (MMHE) and Petronas for a combined price of RM 695 million ($229.5 million).

Sime Darby: The Malaysian conglomerate is offloading the assets as it moves in a new direction.
Sime Darby: The Malaysian conglomerate is offloading the assets as it moves in a new direction.
  • Andrew Hobbs and News Wires
Published 27 May 2011, 08:57Updated 11 October 2016, 09:40
Asia & Oceania