He had two failed ventures behind him – one in import-export business and the other in coffee plantations – when he left his job as a mercantile assistant in Singapore.
[2] A senior partner of the audit firm of the Sime Darby group was found dead in September 1973.
[3] In 1977 Sime Darby Holdings was acquired by Malaysian investors – mainly through Tradewinds (Malaysia) Sendirian Berhad.
[7] In 1982 Harrisons and Crosfield sold three large plantation groups – Golden Hope, Pataling, and London Asiatic[8] – to Malaysian concerns for £146 million.
[11] The Malaysian government-linked company Amanah Saham was the largest stakeholder in 2011, followed by the government's Employees Provident Fund and the government-run Permodalan Nasional Berhad (PNB, the national capitalization agency).
[15] The demerger of the giant into separate “pure plays” aimed to unlock the value of the companies and provides the visibility on each firm’s performance.
[21] In November 2023, Sime announced its exit from the Healthcare business by selling its entire 50 per cent equity interest in Ramsay Sime Darby Health Care Sdn Bhd (RSDH) to Columbia Asia Healthcare Sdn Bhd (Columbia Asia) for RM2.84 billion.
[24] In August 2011, Sime Darby purchased a 30% stake in Penang-based property developer Eastern and Oriental Bhd (E&O) for RM766 million or RM2.30 per share.
It was made at a 60% premium to the market price then from three shareholders – E&O managing director Terry Tham, prominent businessman Wan Azmi Wan Hamzah and Singapore stockbroking group GK Goh Holdings Ltd.[25] In 2014, Sime Darby sold 110 million ordinary stock units of RM1 each in Eastern & Oriental Bhd (E&O) to Morning Crest Sdn Bhd for RM319 million or RM2.90 per stock.
Upon completion of the sale, Sime Darby's equity stake in E&O reduced to about 22% (excluding treasury stocks).
[29] In April 2020, it was announced that the company's stake would be divested for proceeds of RM300 million following the sale of the chain to Thailand-based Charoen Pokphand, which subsequently rebranded all Tesco Malaysia locations with the Lotus's name.
The divestment, marking Sime Darby's exit from the hypermarket business, was part of its wider move to rationalise non-core assets.