Malaysia's Sime Darby wins shareholders' approval for UMW Holdings deal

Malaysia's Sime Darby wins shareholders' approval for UMW Holdings deal

Sime Darby Plantation's logo seen at its headquarters in Petaling Jaya, Malaysia, April 14, 2022. REUTERS/Hasnoor Hussain/File photo

Sime Darby Bhd has won its shareholders’ approval to acquire automotive-to-manufacturing company UMW Holdings Bhd, the Malaysian conglomerate said in a statement on Thursday.