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Sime Darby

Autor:   •  December 2, 2015  •  Case Study  •  1,115 Words (5 Pages)  •  752 Views

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SIME DARBY BERHAD

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Sime Darby Berhad is a major Malaysia-based multinational conglomerate involved in 5 core sectors namely, plantations, property, industrial, motors and energy & utilities. Sime Darby is listed on the Main Board of Bursa Malaysia Securities Berhad and has a market capitalisation of RM46.81 billion (USD10.61 billion) as of 30 September 2015.  . The current headquater was at Kuala Lumpur. Sime Darby recognises the importance of balancing economic performance with social responsibility. Committed to developing a sustainable future, Sime Darby strives to maintain an equitable balance between increasing value for shareholders and being responsible to society and the environment.

Sime Darby Berhad founded by three key people which are YB Tan Sri Dato’ Abdul Ghani Othman as a Chairman, Tan Sri Dato' Seri Mohd Bakke Saleh as a President & Group CEO, while Tan Sri Dato’ Seri Abdul Wahab Maskan as a Group COO.

The modern Sime Darby Berhad corporation was created in 2007. Almost 200 years ago, pioneering English planters established rubber plantations in Malaya, most of which were later converted to oil palm. Among those pioneers were Alexander Guthrie, Daniel and Smith Harrison, Joseph Crosfield, William Sime and Henry d’Esterre and Herbert Mitford Darby which us founders of three great companies that today live on in Sime Darby Berhad. The legacies of the Sime Darby are started through a merger by three companies. These three entities merged in November 2007 to form the Sime Darby of today.

  1. Guthrie (Harrisons & Crosfield)
  2. Golden Hope
  3. Sime, Darby and Co. Limited

Timelines

Below are timelines of the entities that started off as Harrisons & Crosfield, Guthrie & Co. and Sime, Darby & Co. These three entities merged in November 2007 to form the Sime Darby of today.

[pic 2]Harrisons Crosfield

[pic 3]Guthrie & Co. 

[pic 4]Sime Darby & Co. 

1844 – 2007

1821 – 2007

1910 – 2007

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23 November 2006 - Sime Darby, Guthrie and Golden Hope suspended trading of their shares and those of their subsidiaries on Bursa Malaysia, pending the outcome of a change in business direction.

Synergy Drive Sdn Bhd announced the plan to merge Sime Darby, Guthrie and Golden Hope.

30 November 2007 - Synergy Drive re-entered the stock market under the name of Sime Darby with a market capitalisation of RM59.5 billion – nearly 80% more than its original RM31.6 billion at the start of the merger process.

Today - Sime Darby is Malaysia’s leading diversified multinational with over 100,000 employees and interests in over 20 countries focusing on five core businesses namely plantation, property, industrial equipment, motors and energy & utilities, with healthcare as a growing business.

        

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