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Sime Darby Berhad signed an agreement to acquire 100% of Salmon Earthmoving Holdings for AUD 104 million (RM 327 million) on a cash-free debt-free basis. Salmon is a dry-hire earthmoving equipment rental business in Australia.
“Salmon is expected to strengthen and complements Sime’s operations in Australia as well as reinforces its footprint in Asia Pacific in terms of value chain offerings.”klse.i3investor.com
Summarized from public sources; check the original articles before acting on it.