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Sime Darby Bhd

Sime Darby to acquire 61.2% stake in UMW Holdings for RM3.57 bil

Sime Darby Bhd is acquiring a 61.2% stake in UMW Holdings Bhd from Permodalan Nasional Bhd for RM3.57 billion in cash to further scale up and strengthen its presence in the Malaysian automotive sector.

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