#ThrowbackThursday Sime Darby proposed carving out it's auto unit earlier this week. Could this be a first step to splitting the conglomerate up. Here's what KiniBiz had to say in April.
Sime Darby loses value since 2006 merger
In six full financial years after the Synergy Drive merger, Sime Darby Berhad had not seen a stable growth trajectory in terms of earnings. Additionally its market value has declined. Is it time to break the conglomerate up?