Wednesday, July 14, 2010

Sime Darby up on PM's word

KUALA LUMPUR: SIME DARBY BHD []'s share price rose on Wednesday, July 14 after Prime Minister Datuk Seri Najib Razak maintained that the general financial position of the conglomerate was strong, amidst ongoing concerns arising from huge cost overruns incurred by the conglomerate's energy and utilities division.

At 9.40am, Sime Darby was up 11 sen to RM7.85 with 347,100 shares traded.

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