Dato’ Wan Hashimi assumes Acting Group Chief Executive Officer duty

ARA DAMANSARA, 4 April 2019 – Sime Darby Property Berhad would like to announce that Dato’ Sri Amrin Awaluddin will be departing from the Group.

He will resign from his position as Group Managing Director effective 3 May 2019. Dato’ Wan Hashimi AlBakri Wan Ahmad Amin Jaffri, the current Chief Operating Officer of Township Development, will assume the Acting Group Chief Executive Officer (“Group CEO”) position from thereafter until further notice, while the Board of Directors carry out the immediate process of selecting a replacement.

Dato’ Wan Hashimi was the former Chief Executive Officer of Negara Properties (M) Berhad which is now part of the Group and he has been with Sime Darby Property for almost 15 years. His appointment as Acting Group CEO effective 3 May 2019 will ensure continuity, allowing the Group to execute its strategies and plans which are already in place, and with minimal disruption to operations.

“The Board would like to record our appreciation to Dato’ Sri Amrin for his service and contribution to the Group. We wish him all the best in his new undertaking as he continues his career going forward,” said Tan Sri Dr. Zeti Akhtar Aziz, Chairman of Sime Darby Property.

Under his leadership, the Group has carried out a strategic review and put in place a new five-year Strategic Blueprint known as SHIFT20, which is designed to enhance organisational capacity, drive innovation and strengthen fundamentals. Sime Darby Property recently announced a 16 per cent increase in core earnings to RM153 million, excluding one-off accounting adjustments, for the six-month period ended 31 December 2018. This was achieved on the back of a 7.9 per cent rise in revenue to RM1.27 billion.

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About Sime Darby Property Berhad

Sime Darby Property is Malaysia’s largest property developer in terms of land bank with 20,411 acres of remaining developable land. On the back of a successful 45-year track record of developing sustainable communities, Sime Darby Property has to date built 23 active townships/developments with a global reach that encompasses assets and operations across the Asia Pacific region and the United Kingdom. In the UK, as part of a Malaysian consortium, Sime Darby Property is the developer of the iconic Battersea Power Station project in central London.

Sime Darby Property is a multiple award-winning property group with numerous local and international accolades. It is the first Malaysian property developer to be awarded the International FIABCI Prix d’Excellence Awards twice for its Subang Jaya and UEP Subang Jaya townships. The company bagged its 9th consecutive Gold at the Putra Brand Awards 2018 and its 6th consecutive Top 10 Developers Awards at the BCI Asia 2015. Sime Darby Property has also been recognised as among the top developers in Malaysia in the annual The Edge Top Property Developers Awards, a recognition which the company consistently receives since 2009.

For more information, log on to www.simedarbyproperty.com

MEDIA CONTACT:

Ahmad Shahriman Johari
Head, Corporate Communications
Sime Darby Property Berhad

E-mail: shahriman.johari@simedarbyproperty.com
Mobile: 019 – 333 8320