Tun Musa Hitam, Chairman of Sime Darby Bhd, has announced today that he is not seeking reelection to the Board of Directors of the country’s largest conglomerate, at its Annual General Meeting.
Sime Darby Berhad’s diversified portfolio of core businesses delivered a strong, all-round financial performance for the first half of FY2011/2012 ended 31 December 2011.
Reference is made to the recent report by Rights & Resources Initiative titled "Turning Point: What future for forest peoples and resources in the emerging world order?" released on 1 February 2012.
Sime Darby Plantation (Liberia) Inc (SDPL) would like to dispel misleading reports by a local Liberian newspaper, The News, entitled “Sime Darby Told to Halt Operation” in its 14 December 2011 edition.
Sime Darby Berhad reported a pre-tax profit of RM1.5 billion and a net profit of RM1.1 billion for the first quarter ended 30 September 2011, boosted by stronger results of the Plantation and Industrial Divisions.
Oxfam had released a report titled “Land and Power - the growing scandal surrounding the new wave of investments in land” in which certain serious but erroneous allegations are levelled against Sime Darby Plantation.
Sime Darby Plantation Sdn Bhd (SDP) and Malaysian Rubber Board (MRB) signed a MoU on 29 September 2011 that will form the collaborative framework of co-operation aimed at bringing significant impact to the rubber industry.