June 18, 2018 8:33 PM ET

Real Estate Management and Development

Company Overview of Sime Darby Property Berhad

Company Overview

Sime Darby Property Berhad engages in property development, property investment, asset management, hospitality, and leisure activities globally. It also manages service apartments; and operates hotels and resorts, as well as provides construction, golfing and sporting, and security and land care services. The company was incorporated in 1973 and is based in Petaling Jaya, Malaysia. As of November 29, 2017, Sime Darby Property Berhad operates independently of Sime Darby Berhad.

Sime Darby Property Tower

No. 2, Jalan PJU 1Af7A

Ara Damansara, PJU 1A

Ara Damansara, PJU 1A

Petaling Jaya,  47301


Founded in 1973

1,685 Employees


60 3 7849 5000


60 3 7849 5690

Key Executives for Sime Darby Property Berhad

Sime Darby Property Berhad does not have any Key Executives recorded.

Sime Darby Property Berhad Key Developments

Sime Darby Property Berhad to Report Q3, 2018 Results on May 25, 2018

Sime Darby Property Berhad announced that they will report Q3, 2018 results on May 25, 2018

Sime Darby Property Berhad Announces Consolidated Audited Earnings Results for the Third Quarter and Nine Months Ended March 31, 2018

Sime Darby Property Berhad announced consolidated audited earnings results for the third quarter and nine months ended March 31, 2018. For the quarter, the company reported revenue of MYR 550,671,000 as compared to MYR 585,750,000 a year ago. Profit before tax was MYR 41,045,000 as compared to MYR 71,468,000 a year ago. Profit attributable to ordinary equity holders of the parent was MYR 33,669,000 as compared to MYR 1,859,000 a year ago. Basic earnings per share were 0.50 sen as compared to 0.00 sen a year ago. For the nine months, the company reported revenue of MYR 1,691,445,000 as compared to MYR 1,439,461,000 a year ago. Profit before tax was MYR 641,627,000 as compared to MYR 405,272,000 a year ago. Profit attributable to ordinary equity holders of the parent was MYR 593,438,000 as compared to MYR 296,372,000 a year ago. Basic earnings per share were 10.90 sen as compared to 7.90 sen a year ago. Net cash used in operating activities was MYR 478,275,000 as compared to MYR 322,991,000 a year ago. Purchase of property, plant and equipment was MYR 16,116,000 as compared to MYR 15,751,000 a year ago. Purchase of intangible assets was MYR 820,000 as compared to MYR 557,000 a year ago.

Sime Darby Property Berhad Appoints Encik Rizal Rickman Bin Ramli as Non Independent and Non Executive Director

Sime Darby Property Berhad announced the appointment of ENCIK RIZAL RICKMAN BIN RAMLI as Non Independent and Non Executive director. Rizal Rickman bin Ramli is the Executive Vice President for the Property /Real Estate Division of Permodalan Nasional Berhad (PNB). Prior to joining PNB, he was Country Managing Partner for The Boston Consulting Group (BCG) in Malaysia.

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Recent Private Companies Transactions

September 20, 2017
Malaysia Land Development Company Berhad
August 1, 2017

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