Submitted by: Submitted by horatius
Views: 192
Words: 4093
Pages: 17
Category: Business and Industry
Date Submitted: 04/27/2014 12:12 PM
EXECUTIVE SUMMARY
In 1910 the hopeful planters, a Scotsman and an English aristocrat formed the Sime Darby Company. Today it is one of the largest listed companies on Bursa Malaysia with a marketcapitalization of RM48.1 billion as at 30 June 2010, and employs over100,000 people who are committed to sustainable growth and development. (Annual report.2011)
Sime Darby’s strength and continuous growth is its deep roots a reflection of the solid foundation that the Company has established over the years as Malaysia’s leading multinational and one of Southeast Asia’s largest conglomerates, and its branches the Company’s various core business groups. While the core businesses are involved in the day-to-day activities of reaching out to new prospects, potential growth and further achievements, they remain connected to the parent company through the Group Management Team led by the Group Chief Executive.
Furthermore, today, in addition to its original plantations core business activity, Sime Darby is also a major player in the motor vehicle, heavy equipment, property, and energy & utilizes and healthcare as a growing business. While the core businesses are located in Malaysia, the Group has extensive trading and manufacturing interests in the People' Republic of China (including Hong Kong SAR and Macau SAR), Singapore and Australia. The Group also operates in Negara Brunei Darussalam, Indonesia, Thailand, Vietnam, the Philippines, United Kingdom, New Zealand, the Solomon Islands, Papua New Guinea and New Caledonia and recently in the republic of Liberia.
Despite its success to date, the future viability of business model is currently in doubt.
With the industry having matured, rivalry among existing competitors (Anglo-Eastern Plantations Plc, London, United Kingdom,Ansell Limited Richmond, Victoria; Asia Food & Properties Limited , Singapore) IOI in Malaysia… The competitionis becoming more intense, Buteven more important, with the rapid technological change,...