By Khairul Khalid
In this two-part series, we look at Sime Darby’s penchant for selling it’s landbank. We begin with examining its recent RM240 million Elmina land sale to E&O and argues that shareholders would be better served if Sime Darby keeps and develops the land itself. In our second part we look at Sime Darby’s recent disposal of 135 acres at its City of Elmina development netted the company RM240 million.Was the land sale really in the best interests of Sime Darby’s shareholders?
