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February 09, 2016 5:13 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

Malaysia

Founded in 2007

Phone:

60 8 0088 1118

Key Executives for Sime Darby Property Berhad

Chief Financial Officer
Head of Property Investment and Asset Management
Senior Vice President of Property Malaysia
Managing Director and Director
Age: 56
Head of Strategy
Compensation as of Fiscal Year 2015.

Sime Darby Property Berhad Key Developments

Sime Darby Property Bhd Announces Management Changes

Tan Sri Dr. Abdul Wahab Maskan has ceased to be Sime Darby Property Bhd managing director effective December 31, 2015. Sime Darby announced the cessation was due to Abdul Wahab's health and medical condition. It is understood that Sime Darby Property acting managing director Datuk Jauhari Hamidi will assume the managing director post vacated by Abdul Wahab.

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.

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