From the Star – Sime Darby to dispose oil and gas assets


Finally. And how much is it for Sime’s engineering license? Silly me, isn’t Mustang the first in line?

Dateline 2011-05-27:

Sime Darby‘s wholly-owned unit Sime Darby Engineering has entered into two separate non-binding memoranda of understanding (MoU) with Petroliam Nasional (Petronas) and Malaysia Marine and Heavy Engineering Holdings (MMHE) for the proposed disposal of assets in the oil and gas division.

Sime Darby’s president and group chief executive Datuk Mohd Bakke Salleh said in a press release Friday that the company has decided to focus its resources in areas where it already has or could achieve sector leadership.

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This entry was posted on Friday, June 10th, 2011 at 6:00 am and is filed under engineering. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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