Sime Darby plans $500m automobile unit spin-off
Malaysian conglomerate Sime Darby is planning to raise around $500m by spinning off its automobile unit, Sime Darby Motors, according to a banker who received a request for proposal (RFP) from the company.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts