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UMW acquisition to make Sime Darby leading automotive player

Sime Darby Bhd’s acquisition of UMW Holdings Bhd from Permodalan Nasional Bhd (PNB) for RM3.57bil cash or RM5 per share will allow Sime Darby to scale up its presence and strengthen its Malaysian footprint in the automotive and industrial sector.

Volvo XC40 Recharge EV, BMW 3 Series Electric and i4 to be launched in Malaysia this year - Sime Darby

Volvo XC40 Recharge EV, BMW 3 Series Electric and i4 to be launched in Malaysia this year - Sime Darby
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INTAN FARHANA ZAINUL

KUALA LUMPUR: The electric vehicle (EV) competition is on with Sime Darby Bhd introducing four new models into the market this year.

Sime Darby invests RM120m in new Balakong BMW 4S Centre

KUALA LUMPUR: Sime Darby Bhd’s automotive division, Sime Darby Motors, via its subsidiary Auto Bavaria Sdn Bhd (Auto Bavaria) is investing more than RM120mil in a Auto Bavaria Balakong 4S Centre, located along the SILK highway in Selangor.

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