Sime Darby to acquire UMW, majority stakeholder in Perodua, Toyota; forms Malaysia’s largest auto group


Sime Darby Berhad today announced that it has entered into a conditional sale and purchase agreement with Permodalan Nasional Berhad (PNB) to acquire the latter’s 61.2% stake in UMW Holdings Berhad for RM3.57 billion in […]

The post Sime Darby to acquire UMW, majority stakeholder in Perodua, Toyota; forms Malaysia’s largest auto group appeared first on Paul Tan's Automotive News.

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