ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Nikkei Markets

Sime Darby plans more-than one billion-ringgit capex

Expects performance to improve after June quarter net profit rises 13%

Sime Darby, which spun off its plantation and property businesses into separate listed units in 2017, now mainly sells industrial equipment, assembles motor vehicles, operates ports and hospitals.   © Reuters

KUALA LUMPUR (Nikkei Markets) -- Malaysia's automotive-to-healthcare conglomerate Sime Darby said Tuesday it plans to ramp up capital spending this financial year amid signs of resurgent demand for industrial equipment despite lingering U.S.-China trade tension clouds export prospects.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more