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source: The Edge Weekly

Sime Darby is said to be looking at listing its Indonesia plantation on the Jakarta Stock Exchange next year. In 2012, it aims to list its Hong Kong and China motor operations on the HKSE, according to sources.

Sime Darby, in Invest Malaysia, had indicated that it was in the process of identifying strategic partners to come into Sime Darby Indonesia with assets. At the moment, Sime Darby Indonesia’s planted hectarage is 204,237ha. It has 23 mills and another 3 are being built. Total CPO production from its Indonesia plantations was 762,000 tonnes while palm kernel production was 161,000 tonnes.

As for the automotive arm in China, Sime Darby focuses mainly on the luxury marques. The conglomerate handles 9 marques out of which 3 are sold in China. Leading the pack is BMW, and Sime Darby is the largest independent BMW dealer in China with 12 outlets. In Hong Kong, Sime Darby handles Mini, Roll Royce and BMW.

Sime Darby is also the exclusive dealer for Caterpillar in China.

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