Sime Darby Background

Topics: Sime Darby, Tan Cheng Lock, Malaysia Pages: 2 (734 words) Published: August 7, 2009
Sime Darby Company Background
Sime Darby engrossed in five main sectors : plantation, property, industrial, motors and energy & utilities, with growing businesses in healthcare. Business activities including oil palm and the company's original business, rubber, tire manufacturing, heavy equipment and motor vehicle distribution, property development, power generation, and engineering services. Other business operations include paint manufacturing, refrigeration product manufacturing, travel and tourism services, hospitals, and golf courses. Currently, Sime Darby is listed in Bursa Malaysia Securities Berhad in the main board. The company is oen of the largest in southeast Asia and also the largest multinational company in Malaysia. They are operating in more than 20 countries and more approximately 100,000 employees around the world. The domestic market generate 38 percent of revenue, 25 percent for Hong Kong, 14 percent for Singapore, and 11 percent for Australia. The organisation is now leading in the global business field with their experience and business heredity. They have a wide range of industries diversification. Sime Darby Berhad, Kumpulan Guthrie Berhad and Golden Hope Plantations Berhad successfully merged and created a new organisation with a totally new vision, mission and goal. In 1910, two businessmen William Sime and Henry Darby contrived Sime, Darby Co. William Sime is a adventurer from Scotland, he venture to Malaysia in late 30s. He and other rubber claim that Malaysia has the similar jungle region with Brazil where the synthetic rubber had just been introduced by Brazil. Darby then decided to form Sime, Darby Co., Ltd with Sime and together they put effort. The company deversified in fertilizing palm oil and coa and they succeed in this new industries with the help from Tun Tan Cheng Lock and other business leaders. They able to produce 50 acres of rubber plantations in the jungle of Malacca where initially they face with rigid opposition...
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