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October 13, 2015 4:38 AM ET

Real Estate Management and Development

Company Overview of Sime Darby Property Berhad

Company Overview

Sime Darby Property Berhad engages in the residential, commercial, and industrial property development in the Asia-Pacific region. The company also engages in asset management, hospitality, and leisure projects. It has projects in Malaysia, Singapore, Australia, Indonesia, Vietnam, and China. The company was founded in 2007 and is based in Petaling Jaya, Malaysia. Sime Darby Property Berhad operates as a subsidiary of Sime Darby Berhad.

Block G, 10th Floor

No.2, Jalan PJU 1A/7A, Ara Damansara, PJU 1A

Petaling Jaya,  47301


Founded in 2007


60 8 0088 1118

Key Executives for Sime Darby Property Berhad

Managing Director and Director
Age: 64
Chief Financial Officer
Head of Property Investment and Asset Management
Senior Vice President of Property Malaysia
Senior Vice President of Property International
Age: 51
Compensation as of Fiscal Year 2015.

Sime Darby Property Berhad Key Developments

Sime Darby Property Bhd Announces Resignation of Hamad Kama Piah as Chairman

Sime Darby Property Bhd announced resignation of Hamad Kama Piah as the Chairman.

Sime Darby Property Bhd, Penang Development Corp. Ink Park Deal

SIME Darby Property Bhd has inked a deal with Penang Development Corp. to develop an industrial park in mainland Penang. The Small Medium Enterprise (SME) High-Tech Park will be developed on a former oil palm plantation measuring nearly 2,000ha in Byram and Changkat, 8km west of Nibong Tebal. Under the proposed master plan, Sime Darby Property will develop 376ha (18.8% of the land) for small and medium industries (SMIs) while PDC will develop 1,626ha (81.2%) for heavy, light and moderate industries, SMIs and mixed projects. Sime Darby Property's investment in the proposed project has been tagged at a development value of MYR 1.8 billion, while PDC's portion was not disclosed.

IHH Healthcare Reportedly In Talks To buy Mahkota Medical Centre

IHH Healthcare Berhad (KLSE:IHH) may acquire Mahkota Medical Centre Sdn Bhd. Business Times reported that IHH Healthcare is in talks with Health Management International Ltd (SGX:588) to purchase Mahkota Medical Centre. The report added that IHH Healthcare and Sime Darby Property Berhad have made offers for Mahkota Medical Centre, which is 48.95% owned by Health Management. It further mentioned that no announcement has been made by both companies so far.

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