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Sime Darby Property shares notch another fresh six-year high after announcement of internal reorganisation

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Publish date: Fri, 07 Jun 2024, 10:17 AM

KUALA LUMPUR (June 7): Shares in Sime Darby Property Bhd (KL:SIMEPROP) notched another fresh six-year high in active trade on Friday, after the real estate developer announced an internal reorganisation.

The stock edged up 3% or four sen to RM1.34, its highest since January 2018, before paring gains to trade at RM1.33 per share at 9.20am, valuing the company at over RM9 billion on Bursa Malaysia. More than 2.1 million shares changed hands. 

 

https://www.theedgemarkets.com/node/714520

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