<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Dec 8): Sime Darby Property Bhd and Brunsfield Metropolitan Sdn Bhd have mutually terminated their 60:40 joint venture (JV).</p></div>

<div class=newsTextDataWrapInner><p>The JV, &nbsp;Sime Darby Brunsfield Holding Sdn Bhd, is dissolved at book value effective Friday, said Sime Darby Property in a statement.</p></div>

<div class=newsTextDataWrapInner><p>The JV will now be Sime Darby Property’s wholly owned subsidiary, and will be renamed in due course, the group said.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>“The termination of this joint venture is not expected to have any material impact on Sime Darby Property’s financial performance,” it added.</p></div>

<div class=newsTextDataWrapInner><p>Senada at KLGCC Resort is the final project by the JV. According to its website, the company’s past projects include Brunsfield EmbassyView and Oasis Ara Damansara.</p></div>

<div class=newsTextDataWrapInner><p>At the time of writing on Friday, shares of Sime Darby Property were trading up 0.5 sen or 0.85% at 59.5 sen.</p></div>


KUALA LUMPUR (Dec 8): Sime Darby Property Bhd and Brunsfield Metropolitan Sdn Bhd have mutually terminated their 60:40 joint venture (JV).

Sime Darby Property mutually terminates joint venture with Brunsfield Metropolitan

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<p>In a bourse filing on Thursday, Catcha Digital sa...

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