SIME DARBY BHD

KLSE (MYR): SIME (4197)

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Last Price

2.23

Today's Change

-0.01 (0.45%)

Day's Change

2.22 - 2.26

Trading Volume

4,409,100


1 person likes this.

2,459 comment(s). Last comment by Mabel 2 days ago

DreamGuardian

1,169 posts

Posted by DreamGuardian > 2020-11-19 23:14 | Report Abuse

Apa sudah jadi nih

DreamGuardian

1,169 posts

Posted by DreamGuardian > 2020-11-19 23:14 | Report Abuse

Misti siasat sikit la

DreamGuardian

1,169 posts

Posted by DreamGuardian > 2020-11-19 23:15 | Report Abuse

Then come up with improvement measures

DreamGuardian

1,169 posts

Posted by DreamGuardian > 2020-11-19 23:15 | Report Abuse

Good luck

tkl88

8,712 posts

Posted by tkl88 > 2020-11-20 08:00 | Report Abuse

Malaysia in deal with China for Covid-19 vaccine development
PUBLISHED : 18 NOV 2020 AT 19:40
WRITER: REUTERS

https://www.bangkokpost.com/world/2021843/malaysia-in-deal-with-china-for-covid-19-vaccine-development

KUALA LUMPUR: Malaysia said on Wednesday it has signed an agreement with China to cooperate on the development of a safe and efficacious vaccine, as part of efforts to combat the Covid-19 pandemic.

Under the agreement, in force for an initial period of five years, the Southeast Asian nation will be given priority access to Covid-19 vaccines developed by China. Both will share knowledge and expertise and facilitate scientific and technological capabilities to advance vaccine development in their countries, Malaysia said in a joint ministerial statement.
Science, Technology and Innovation Minister Khairy Jamaluddin signed the agreement with his Chinese counterpart Wang Zhigang in a virtual ceremony.

Cooperation between Malaysia and China under the agreement would be supervised by a committee chaired by the foreign affairs ministers of both countries that was formed in October to address post-pandemic challenges.

"Both countries will also support the participation of their public and private sectors including universities, institutions, societies and organisations in joint collaborative projects," the Malaysian ministries said.

tkl88

8,712 posts

Posted by tkl88 > 2020-11-20 08:41 | Report Abuse

Khairy: Malaysia to pay RM94mil upfront for vaccine under Covax plan

* NATION
* Thursday, 19 Nov 2020 
10:53 AM MYT By MARTIN CARVALHO, RAHIMY RAHIM and TARRENCE TAN

https://www.thestar.com.my/news/nation/2020/11/19/khairy-malaysia-to-pay-upfront-rm94mil-for-vaccine-under-covax-plan

tkl88

8,712 posts

Posted by tkl88 > 2020-11-25 07:01 | Report Abuse

Wow, oil price continue to spike up like mad !
As at 1.25am,
Nymex=> $44.95 ‪(+1.89) (+4.39 percent)‬
Brent=> $47.77 ‪ (+1.73) (+3.76 percent)‬

tkl88

8,712 posts

Posted by tkl88 > 2020-11-25 07:42 | Report Abuse

Walaoeh, Dow Jones continue it’s bull run !‬
Dow Jones closed at=> 30,046.24 (+454.97) (+1.54 %) !

Huat ah ! Heng ah ! Ong ah !

Jokers2020

2,006 posts

Posted by Jokers2020 > 2020-11-26 15:59 | Report Abuse

QR result very good..tomolo shoot up

tkl88

8,712 posts

Posted by tkl88 > 2020-11-26 20:43 | Report Abuse

Budget 2021 approved by Dewan Rakyat

Ahmad Naqib Idris/theedgemarkets.com
November 26, 2020 15:32 pm +08
https://www.theedgemarkets.com/article/budget-2021-approved-dewan-rakyat

tkl88

8,712 posts

Posted by tkl88 > 2020-11-26 20:44 | Report Abuse

KUALA LUMPUR (Nov 26): After a heated session during Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz’s wrapping-up speech on Budget 2021, the bill was approved at the policy stage.
Towards the end of the session, Dewan Rakyat Speaker Datuk Azhar Azizan Harun asked for a show of hands of those for and against the budget, and decided that there were more Members of Parliament (MPs) who agreed with the budget, although Pokok Sena MP Datuk Mahfuz Omar interjected and motioned for a tally of the votes.
However, this required 15 MPs to support the call for a tally. Only 13 stood up in support of the tally, according to the Speaker.
“There are fewer than 15 people [supporting the call for a tally]. There are more voices [in agreement with the budget]. The bill will see its second reading now,” he said.
The wrap-up by the minister was a heated one as ruling and opposition MPs furiously interjected for clarifications of certain issues, including the expansion of the Employees Provident Fund's (EPF) i-Sinar facility to include those receiving pay cuts due to the Covid-19 pandemic.
Subang MP Wong Chen claimed that the EPF’s inflows amount to no more than RM20 billion per year, and therefore could not cover the total increased allocation of RM70 billion for the i-Sinar facility.
“Where is the EPF going to find the extra RM50 billion? Are they going to sell their shareholdings in listed companies on Bursa Malaysia? If this hits the headlines tomorrow, we will have a big problem,” he said.
However, Tengku Zafrul clarified that the EPF is seeing inflows of RM80 billion per year, adding that the Ministry of Finance (MoF) had looked into the matter.
“I would like to correct the facts. We conducted a detailed analysis of this for over a week. Actually, the inflows are not RM20 billion, RM30 billion or RM40 billion. It is RM80 billion per year,” responded the minister.
Following that, Wong pointed out that withdrawals by contributors, amounting to RM40 billion to RM50 billion per year, had to be taken into account as well — before his microphone was muted by the Speaker.
The session quickly devolved into a shouting match among the MPs, which resulted in intermittent muting of the MPs’ microphones by a visibly irritated Speaker.
“This is embarrassing behaviour. We are debating on the budget and this is how we are behaving? The rakyat are watching all of us here!” he said.
Other points mentioned during Tengku Zafrul's speech included a reduction in allocation for the Special Affairs Department (JASA) to make way for increases in other allocations, although he did not elaborate.
On the various proposals for a further extension of the loan moratorium, he said all who are eligible — whether they are in the B40, M40 or T20 category — will be able to request for various forms of assistance, which also include reducing or rescheduling loan repayments, from their respective banks.

Jokers2020

2,006 posts

Posted by Jokers2020 > 2020-11-27 16:30 | Report Abuse

why qr profit good alsp drop so much

ABSBOSS

905 posts

Posted by ABSBOSS > 2020-11-27 17:38 | Report Abuse

Aiya... Manyak gila ini counter.. Untung 281M pun boleh down 10 cents.. Kalau rugi mesti limit up nih

limkokthye

6,039 posts

Posted by limkokthye > 2020-11-27 20:14 | Report Abuse

kwsp selling la, kwsp now ready cash for i-sinar ,

ensome88

30 posts

Posted by ensome88 > 2020-12-09 13:56 | Report Abuse

Time will come soon,guys!

NPRA1985

3,415 posts

Posted by NPRA1985 > 2020-12-10 00:38 | Report Abuse

United Arab Emirates Claims China’s Sinopharm Vaccine Is 100% Effective At Preventing Moderate And Severe Covid-19

TOPLINE The experimental vaccine developed by China National Pharmaceutical Group, also known as Sinopharm, is 86% effective at preventing Covid-19 infection and 100% effective at preventing severe and moderate disease, health officials from the United Arab Emirates announced Wednesday, although with scarce detail provided abUnited Arab Emirates Claims China’s Sinopharm Vaccine Is 100% Effective At Preventing Moderate And Severe Covid-19out the trial.

The UAE health ministry cited an interim analysis of a late-stage clinical trial involving 31,000 volunteers as the source of its information, though neither they nor Sinopharm provided any data from the trial to validate the claims such as how many participants were infected or how many actually received the vaccine.

The ministry said “no serious safety concerns” were observed, though, again, no information on side effects was provided.

The ministry said the announcement is a “significant vote of confidence by the UAE’s health authorities in the safety and efficacy of this vaccine.”

The ministry added that it had officially registered the vaccine at the request of the manufacturer, which it says could eventually lead to the shot’s widespread authorization.

https://www.forbes.com/sites/roberthart/2020/12/09/united-arab-emirates-claims-chinas-sinopharm-vaccine-is-100-effective-at-preventing-moderate-and-severe-covid-19/?sh=2a60fb42595ca

ensome88

30 posts

Posted by ensome88 > 2020-12-10 18:38 | Report Abuse

@Npra1985, this news relate to Sime ?

ensome88

30 posts

Posted by ensome88 > 2020-12-11 13:13 | Report Abuse

Price at range 230 to 235 for quite some time...

tkl88

8,712 posts

Posted by tkl88 > 2020-12-26 08:30 | Report Abuse

Next week is the windows dressing, will be the super bull market for KLSE !

tkl88

8,712 posts

Posted by tkl88 > 2020-12-26 08:30 | Report Abuse

Huat ah ! Heng ah ! Ong ah !

Posted by Odysseus > 2020-12-30 21:45 | Report Abuse

Citing forced labour, US bans import of Sime Darby’s palm oil, related products
Wednesday, 30 Dec 2020 09:30 PM MYT

BY ZURAIRI AR

A general view of the Sime Darby Plantation headquarters in Petaling Jaya October 2, 2019. In a statement, the CBP said a withhold release order was issued based on information that Sime Darby Plantation has 11 of the mark of forced labour designated by the International Labour Organisation. — Reuters pic
A general view of the Sime Darby Plantation headquarters in Petaling Jaya October 2, 2019. In a statement, the CBP said a withhold release order was issued based on information that Sime Darby Plantation has 11 of the mark of forced labour designated by the International Labour Organisation. — Reuters pic
KUALA LUMPUR, Dec 30 — The United States Customs and Border Protection (CBP) has announced today that its personnel will detain any palm oil and products manufactured by Sime Darby Plantation Bhd and its subsidiaries or affiliates.

In a statement, the CBP said a withhold release order was issued based on information that Sime Darby Plantation has 11 of the mark of forced labour designated by the International Labour Organisation.


“American consumers can help end modern slavery by choosing to buy products they know are ethically and humanely sourced,” its acting commissioner Mark A. Morgan said in the statement.

In July, a Hong Kong-based anti-trafficking NGO called Liberty Shared had petitioned against Malaysian palm oil giant Sime Darby Plantation Bhd due to alleged child and forced labour.


In the petition filed with the US Customs and Border Protection agency in April, the group urged a ban on imports of the firm’s palm oil products.


The petition’s summary said workers and civil society it interviewed revealed complaints of arbitrary penalties, threats of and actual sexual harassment, physical threats and abuse, various and inconsistent deductions in pay, varying conditions of accommodation, and fees charged for basic facilities.

The report also pointed at mistreatment of foreign workers, and unlawful practices by recruitment agents.

Malaysia is the world’s second largest producer of palm oil, the most consumed edible oil, with Sime Darby Plantation one of the largest in the industry here with a history stretching back to the 1800s.

Malay Mail is contacting Sime Darby Plantation and its parent company Sime Darby Group Bhd for comment over this latest decision.

It had in July said it would reach out to anti-trafficking group Liberty Shared as it is concerned over the serious allegations made by the Hong Kong-based group that were submitted to the CBP.

The firm also admitted to the challenges and complexity of the supply chains across the industry, but said it was committed to the No Deforestation, No Peat and No Exploitation (NDPE) approach.

Last year, the CBP had already issued a separate order against another Malaysian palm oil giant, FGV Holdings Bhd, following claims of child and forced labour, following two petitions — by the Grant & Eisenhofer ESG Institute, and International Labor Rights Forum, Rainforest Action Network and SumOfUs.

The US is one of the largest importers of Malaysian palm oil products. In 2019, exports of Malaysian palm oil products to the US were worth RM3.1 billion (1.1 million tonnes).

The American Tariff Act of 1930 prohibits entry of goods that arrive at US ports if there is reason to believe they contain materials made with forced labor.

Malaysia already faces a possible European Union ban on palm oil, allegedly due to environmental concerns, which it was planning to challenge in court.

Last year, then Minister of Primary Industries Teresa Kok urged palm oil industry players and relevant associations to intensify good labour practices and organise awareness programmes on forced and child labour.

Posted by spielmacher > 2021-02-11 09:16 | Report Abuse

when they are going to announce porsche project?

kens88

698 posts

Posted by kens88 > 2021-02-12 08:44 | Report Abuse

last time when simeprop and simeplt listed parent company gave out free shares for both counters to shareholders right?

Will it be the same when simehealthcare listed?

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-02-12 08:47 |

Post removed.Why?

ABSBOSS

905 posts

Posted by ABSBOSS > 2021-02-16 13:46 | Report Abuse

Still sleeping

INVEST_AA

554 posts

Posted by INVEST_AA > 2021-02-19 11:46 | Report Abuse

Porsche will partner with Inokom Corp., a unit of SIME DARBY Bhd., in the venture, which will be located in the northern state of Kedah, the Edge said. The facility will be the company’s first assembly plant outside Germany, the report said.

INVEST_AA

554 posts

Posted by INVEST_AA > 2021-02-19 11:47 | Report Abuse

Fund managers start collecting already.. its matter of time before it shoots up..

INVEST_AA

554 posts

Posted by INVEST_AA > 2021-02-19 16:07 | Report Abuse

Don't miss the uptrend coming soon.... Load up and ride the wave

ABSBOSS

905 posts

Posted by ABSBOSS > 2021-02-20 19:23 | Report Abuse

Wondering if the qtr result will be good... Simeplt good result will reflect sime qtr also reflect

stevenckheng

1,348 posts

Posted by stevenckheng > 2021-02-23 12:02 | Report Abuse

aiyo

ABSBOSS

905 posts

Posted by ABSBOSS > 2021-02-23 21:20 | Report Abuse

this counter dead already ?

ABSBOSS

905 posts

Posted by ABSBOSS > 2021-02-24 17:48 | Report Abuse

Today volume double but price not move a lot...

stevenckheng

1,348 posts

Posted by stevenckheng > 2021-02-24 22:33 | Report Abuse

sovereign fund counter, down or up also not much

Needluck

514 posts

Posted by Needluck > 2021-02-25 11:20 | Report Abuse

wondering why this kind of counter can include in the index....

ABSBOSS

905 posts

Posted by ABSBOSS > 2021-02-25 13:29 | Report Abuse

Qtr released profit up 124% YoY ....Wahhh...But theedge report profit down...huhuhuhu

Posted by Ahmadahmad88 > 2021-02-25 13:33 | Report Abuse

salah report.

Pang

269 posts

Posted by Pang > 2021-02-25 13:55 | Report Abuse

good qtr

Posted by DonWorryBeHappy > 2021-02-25 13:57 | Report Abuse

Looking to add even minus the Tesco gain also very impressive

dompeilee

11,888 posts

Posted by dompeilee > 2021-02-25 15:42 | Report Abuse

dompeilee I SOLD 80% of my Sime shares bought @ 2.41 last year for 2.49 on Monday after receiving the dividend
12/11/2020 7:02 PM

Bought back the Sime I SOLD @ 2.49 in November...for 2.21 just now.

Consultant

1,200 posts

Posted by Consultant > 2021-02-26 10:43 | Report Abuse

nice man.. its going up soonnnnnnn,,, to 2.4 againnnn

joseph

67 posts

Posted by joseph > 2021-03-09 17:21 | Report Abuse

Industry experts have questioned the absence of direct evidence against Sime Darby Plantation Bhd on unsubstantiated forced-labour allegations according to a report by Asia Times today.

joseph

67 posts

Posted by joseph > 2021-03-09 17:22 | Report Abuse

March 1 SDP established an Expert Stakeholder Human Rights Assessment Commission and appointed Impactt Ltd as a third-party assessor to conduct a comprehensive evaluation of the group labour practices across its Malaysian operations.

joseph

67 posts

Posted by joseph > 2021-03-09 17:22 | Report Abuse

WWF Malaysia's Benjamin Loh called the ban "a surprise" after having worked closely with the plantation company for over two years to enhance its no-deforestation and no-exploitation approaches.

hazli

85 posts

Posted by hazli > 2021-03-12 13:15 | Report Abuse

KUALA LUMPUR (March 11): Sime Darby Plantation Bhd (SDP) has commenced legal proceedings against non-governmental organisation (NGO) Liberty Shared’s managing director Duncan Jepson to obtain information pertaining to a complaint filed by Jepson with the Securities Commission Malaysia (SC) against the planter.
In a statement, the plantation giant said it had announced legal proceedings for the discovery of critical information against Jepson on March 9 in the Eastern District of Virginia, US. SDP said the purpose of the proceedings is to obtain important information pertaining to a complaint filed by Jepson with the SC, which alleged that SDP had made wrongful disclosures in its 2019 Sustainability Report.
The SC has commenced investigations into Jepson’s complaint and had accordingly sought additional information from SDP, the planter added. SDP said it will fully cooperate with the SC, and as such said it was vitally important that SDP obtain limited but critical information from the complaint filed by Jepson.
This is the first time in SDP’s 200-year history that we have resorted to taking legal action against an NGO. SDP engages with non-governmental and civil society organisations across the world, supportive and respectful of the important role they play in society. It is this relationship of mutual respect that has allowed SDP to become an industry leader, trusted by our peers, customers, and important stakeholders like highly reputable NGOs,” it said.
SDP said that despite several direct and indirect engagements, Jepson continues to withhold vital information that could have helped the plantation workers that he has claimed to champion.
SDP had in fact appointed PwC Singapore in October 2020, on Jepson’s request, to share with us the information necessary to address the alleged issues found in our plantations. Subsequently, PwC Singapore appointed yet another individual who works closely with Jepson and Liberty Shared, again on Jepson’s request. Neither PwC Singapore nor the individual have been able to share the material information needed to address any issues that may exist in our plantations,” SDP noted.
Meanwhile, Jepson has expressed his view that the appointment of NGOs to assist SDP would not be ideal as, in his opinion, 'social compliance specialists will not be able to offer an honest assessment of corporate governance and internal controls'. He also continues to withhold information despite repeated assurances that our main concern is the wellbeing of our workforce and that at SDP, whistleblowers are protected as a matter of course.” it added.
Liberty Shared had filed a complaint with the US Customs and Border Protection (CBP) on April 20, 2020, alleging the use of forced labour in the production of palm oil at SDP’s Malaysian estates. SDP was made aware of this complaint on July 7, 2020, where the NGO had issued a summary of the complaint on its website. According to SDP, this summary did not contain sufficient information to allow it to close any alleged gaps in its operations that would have benefitted its workforce.
In December 2020, the CBP had placed a withhold release order on SDP.
On March 1, SDP appointed a Third-Party Human Rights Commission to offer independent and expert assessments of the company’s entire Malaysian operations.

dompeilee

11,888 posts

Posted by dompeilee > 2021-03-16 18:15 | Report Abuse

dompeilee I SOLD 80% of my Sime shares bought @ 2.41 last year for 2.49 on Monday after receiving the dividend
12/11/2020 7:02 PM

Bought back the Sime I SOLD @ 2.49 in November...for 2.21 just now.
25/02/2021 3:42 PM

Whooshhhhh! Last min push to 2.48 close! =)

Posted by BursaMaster121212 > 2021-03-17 21:24 | Report Abuse

expect them to benefit from auto recovery

hoot9e996

1,813 posts

Posted by hoot9e996 > 2021-03-19 17:55 | Report Abuse

What happened last minute?

Consultant

1,200 posts

Posted by Consultant > 2021-03-22 10:43 | Report Abuse

Coming down to 2.2 again

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