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  1. 3 days ago · KUALA LUMPUR (Dec 6): Sime Darby Bhd will issue an unconditional mandatory takeover offer to acquire the remaining 38.82% stake it does not own in UMW Holdings Bhd for a cash price of RM5.00 per share, it said in a statement on Wednesday.

  2. 3 days ago · KUALA LUMPUR (Aug 24): Sime Darby Bhd's decision to buy out UMW Holdings Bhd will allow the group to become the leading automotive player in Malaysia and give it a full presence across the spectrum by adding high quality mass market car brands to its portfolio.

  3. 2 days ago · UMW’s 2022 sales volume hit a record-high after UMW Toyota (UMWT) and Perodua reported a combined 383,054 units (+46% YoY) sold during the year. In December 2022, Toyota delivered robust monthly sales of 41,664 units (+7% MoM) whereas Perodua posted 31,224 units (+9% MoM).

  4. 3 days ago · In FY2023, PNB sold Malaysian Industrial Development Finance Bhd to Malaysia Building Society Bhd (KL:MBSB) via a RM1.01 billion share swap. PNB also completed the merger of UMW Holdings Bhd with Sime Darby Bhd (KL:SIME) last year.

  5. 4 days ago · UMW Toyota Motor Sdn Bhd (UMWT) had a positive ending to the month of May 2024, selling a total of 8,422 vehicles (both Toyota & Lexus combined). This brings its year-to-date sales total to 39,211 vehicles for the first 5 months of 2024.

  6. 3 days ago · With the complete acquisition of a 100% stake by Sime Darby in UMW Holdings Berhad which is to scale up the group’s motor business and having a strong market share of brands such as Perodua, Toyota, Lexus, Hyundai, and BYD. It is interesting to note that development of Perodua next EV could possibly have ties with the listed brands under Sime ...

  7. 4 days ago · Sime Darby Berhad is a Malaysia-based investment holding company. The Company operates through four segments: Industrial, Motors, Healthcare, and Others. The Industrial segment is engaged in sales, rental and servicing of equipment and engineering services.

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