With reference to an article from Reuters dated 4 February 2020 entitled ‘Malaysian palm oil bosses urge action against 'toxic' environment groups’, Sime Darby Plantation Berhad (SDP) would like to clarify that the statement highlighted in the report does not represent SDP’s approach to our NGO stakeholders.
Sime Darby Plantation Berhad (SDP, Baa1 negative) announced that it had refinanced around MYR3.9 billion of credit facilities in December 2019, or around 49% of its total reported debt.
Sime Darby Plantation Berhad (SDP) is pleased to announce that the Group had in December 2019 completed the refinancing of its credit facilities worth approximately RM3.9 billion on marginally improved terms.
The world’s first publicly available human-elephant conflict (HEC) resolution mechanism is set to be developed, thanks to the partnership between academia and the public and private sectors.
MARC has affirmed Sime Darby Plantation Berhad’s (SD Plantation) corporate credit rating at AAA, and its Perpetual Subordinated Sukuk Programme (Perpetual Sukuk) of up to RM3.0 billion at AAIS.
For the nine months ended 30 September 2019, Sime Darby Plantation (SD Plantation) Group reported a net profit of RM167 million from its continuing operations against net profit of RM556 million in the corresponding period of the previous year.
Sime Darby Plantation's (SDP) continuing journey to produce palm oil in a responsible and sustainable manner was recognised by two different organisations for the second consecutive year.
Please be informed that as at 25 June 2019, PT MAS has ceased to be a subsidiary of SDP as we have effectively disposed our interest in the company to PT Inti Nusa Sejahtera.