Sunday, December 02, 2007

Sime Darby - Synergy Drive

Sime Darby was relaunched again yesterday and its launching really pushed up our KLCI index. It crossed 1400 for a moment, hitting a high of 1408, before retreating back below 1400.

That's great momentum. Now, Bursa Malaysia has the world's largest plantation company, with the total market capitalization of RM66 Billion (That's quite a bit, almost USD20 Billion).

Would this Sime Darby merger brings upon Synergy? Just like the name of Synergy Drive? Would Tun Musa Hitem be able to rejuvenate this stock?

Lets hope for the best!

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