Malaysia's Permodalan Nasional weighs $2.15b Sime Darby-Perodua merger

Malaysia’s largest asset manager, Permodalan Nasional Bhd (PNB), is considering merging Sime Darby Motors and Perusahaan Otomobil Kedua (Perodua) to create a local automotive giant worth over 10 billion ringgit ($2.15 billion), two sources said.