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Sime Darby Property
Sime Darby Property was created through the integration of the property arms under the former Golden Hope Plantations Berhad, Kumpulan Guthrie Berhad, and Sime Darby Berhad. Apart from its 20,763 acres of landbank spanning from Selangor to Johor, Sime Darby Property also has assets and operations across the Asia Pacific region and the United Kingdom. It is one of the largest property developers in the country by revenue and gross development value (GDV) of current projects. The division was formed through the integration of the property arms of Golden Hope, Guthrie and Sime Darby during the 2007 Synergy Drive merger. The property arm of Sime Darby traces back to United Estates Projects Berhad, a property development company established in 1964. In 1985, Sime Darby purchased a large stake in United Estates Projects Berhad and the company was renamed Sime UEP Properties Berhad. Sime UEP was used to develop former oil palm plantation lands belonging to Sime Darby. Sime UEP was the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government-linked Company
A state-owned enterprise (SOE) is a government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn profit for the government, control monopoly of the private sector entities, provide products and services to citizens at a lower price and for the achievement of overall financial goals & developmental objectives in a particular country. The national government or provincial government has majority ownership over these ''state owned enterprises''. These ''state owned enterprises'' are also known as public sector undertakings in some countries. Defining characteristics of SOEs are their distinct legal form and possession of financial goals & developmental objectives (e.g., a state railway company may aim to make transportation more accessible and earn profit for the government), SOEs are government entities established to pursue financial objectives and develop ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
UEP Subang Jaya
UEP Subang Jaya (commonly called "USJ") is a major affluent township located in Subang Jaya, Selangor, Malaysia. It is located within the Mukim (sub-district) of Damansara in the district of Petaling. History The construction of USJ started in 1988 after the completion of Subang Jaya (started in the 1970s). USJ consists of SS12 to SS19. In the late 1990s, many new developments were growing rapidly in USJ. However, due to the economic crisis in 1997, it resulted in three large abandoned high-rise projects. By 2010, these abandoned projects had been revived and completed construction. In recent years, there were plenty of mixed commercial developments around the township to cater to the affluent population. Almost 80% of USJ was developed by Sime UEP. USJ has been under the jurisdiction of the Subang Jaya Municipal Council since 1997. The first batch of residential communities was ready in the early 1990s. Since then, USJ has expanded into 27 sections (from USJ 1 to USJ 27) along ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied by the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Corporate Spin-off
A corporate spin-off, also known as a spin-out, or starburst or hive-off, is a type of corporate action where a company "splits off" a section as a separate business or creates a second incarnation, even if the first is still active. Characteristics Spin-offs are divisions of companies or organizations that then become independent businesses with assets, employees, intellectual property, technology, or existing products that are taken from the parent company. Shareholders of the parent company receive equivalent shares in the new company in order to compensate for the loss of equity in the original stocks. However, shareholders may then buy and sell stocks from either company independently; this potentially makes investment in the companies more attractive, as potential share purchasers can invest narrowly in the portion of the business they think will have the most growth. In contrast, divestment can also sever one business from another, but the assets are sold off rather t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Battersea Power Station
Battersea Power Station is a decommissioned Grade II* listed coal-fired power station, located on the south bank of the River Thames, in Nine Elms, Battersea, in the London Borough of Wandsworth. It was built by the London Power Company (LPC) to the design of Leonard Pearce, Engineer in Chief to the LPC, and CS Allott & Son Engineers. The architects were J. Theo Halliday and Giles Gilbert Scott. The station is one of the world's largest brick buildings and notable for its original, Art Deco interior fittings and decor. The building comprises two power stations, built in two stages, in a single building. Battersea A Power Station was built between 1929 and 1935 and Battersea B Power Station, to its east, between 1937 and 1941, when construction was paused owing to the worsening effects of the Second World War. The building was completed in 1955. "Battersea B" was built to a design nearly identical to that of "Battersea A", creating the iconic four-chimney structure. "Battersea ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sime Darby LPGA Malaysia
The Sime Darby LPGA Malaysia was a women's professional golf tournament on the LPGA Tour. It was played for the first time in October 2010 at the East Course at Kuala Lumpur Golf & Country Club in Kuala Lumpur, Malaysia. The title sponsor was Sime Darby Sime Darby Berhad () is a Malaysian trading conglomerate. Its core businesses operate and serve in the industrial, motors and logistics sectors as well as the healthcare, and insurance segments. Background The modern Sime Darby Berhad corpo ..., Malaysia's leading multinational conglomerate involved in five core sectors: plantations, property, industrial, motors, and energy and utilities, with a growing presence in healthcare. The debut tournament was a limited field event with 50 players invited from the official LPGA money list and an additional ten invited sponsor exemptions, including two ASEAN nations local qualifiers. A 54-hole event with no cut, all 60 players played for the entire tournament. The purse was $1.8 mi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
CIMB Classic
The CIMB Classic was a professional golf tournament in Kuala Lumpur, Malaysia, co-sanctioned by the Asian Tour and the PGA Tour. Played in the fall, the event debuted in 2010 and moved to the West Course of the TPC Kuala Lumpur in 2013; the first three editions were played at The Mines Resort & Golf Club in Mines Wellness City. The event was replaced in the 2019–20 PGA Tour season by the Zozo Championship in Japan. The tournament was the first event ever sanctioned by the PGA Tour in Southeast Asia. It was an official money event on the Asian Tour, but was an unofficial money event on the PGA Tour through 2012. Beginning in October 2013, it gained official status on the PGA Tour and the field was increased to 78 players. FedEx Cup points are earned by those making the cut, the winner earned a trip to the Masters. The purse was US$7 million, one of the highest in East Asia together with the WGC-HSBC Champions and the now defunct BMW Masters. Field In 2010, the 40-man field con ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Malaysian Open (golf)
The Malaysian Open is a men's professional golf tournament currently played on the Asian Tour. Notable past winners include world number one golfers Vijay Singh and Lee Westwood (both players winning the event on two occasions). Other notable winners include 17-year-old Italian Matteo Manassero in 2011 as well as former Open champion Louis Oosthuizen the following year. PGA Tour winners including Harold Henning, Jeff Maggert, Glen Day, Steve Flesch, Arjun Atwal and Noh Seung-yul have also won the event. Since its inauguration there has never been a Malaysian winner. History The tournament was inaugurated in 1962 as the Malayan Open, and was one of the events on the first season of the Far East Circuit that year. In 1999 it joined the Asian Tour and also became part of the European Tour's expansion into Asia as a jointly sanctioned event. The six events from 2010 to 2015 were held at the Kuala Lumpur Golf & Country Club. The 2015 champion was India's Anirban Lahiri. This was h ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kuala Lumpur Golf & Country Club
Kuala Lumpur Golf & Country Club (KLGCC), formerly known as Tournament Players Club or TPC Kuala Lumpur, is a golf club located in Mont Kiara. Many of its facilities are open to visitors, including the golf course, driving range, all six F&B venues, bowling centre, Let's Get Fit workout classes, proshop and golf academy. The club became part of the TPC network of golf courses on 24 August 2016. The inauguration was graced by Her Majesty, Tuanku Hajah Haminah Hamidun and accompanied by the then Deputy Commissioner of PGA TOUR, Jay Monahan. The club adheres to the standards set by the PGA TOUR, LPGA and TPC Network of golf clubs. Golf Courses Originally opened in 1991, TPC Kuala Lumpur's two 18-hole championship golf courses, the Par 71 East and Par 72 West Courses had since undergone a total redesign. The revamped West Course reopened in 2009 and the East Course in 2010. TPC Kuala Lumpur's West Course completed another upgrade in August 2018. By end of 2018, seven Malaysian Ope ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Singapore
Singapore (), officially the Republic of Singapore, is a sovereign island country and city-state in maritime Southeast Asia. It lies about one degree of latitude () north of the equator, off the southern tip of the Malay Peninsula, bordering the Strait of Malacca to the west, the Singapore Strait to the south, the South China Sea to the east, and the Straits of Johor to the north. The country's territory is composed of one main island, 63 satellite islands and islets, and one outlying islet; the combined area of these has increased by 25% since the country's independence as a result of extensive land reclamation projects. It has the third highest population density in the world. With a multicultural population and recognising the need to respect cultural identities of the major ethnic groups within the nation, Singapore has four official languages: English, Malay, Mandarin, and Tamil. English is the lingua franca and numerous public services are available only in Eng ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Johor
Johor (; ), also spelled as Johore, is a States and federal territories of Malaysia, state of Malaysia in the south of the Malay Peninsula. Johor has land borders with the Malaysian states of Pahang to the north and Malacca and Negeri Sembilan to the northwest. Johor shares maritime borders with Singapore to the south and Indonesia to both the west and east. Johor Bahru is the capital city and the economic centre of the state, Kota Iskandar is the seat of the state government, and Muar (town), Muar serves as the royal town of the state. The old state capital is Johor Lama. As of 2020, the state's population is 4.01 million, making it the second most populated state in Malaysia. Johor has highly biodiversity, diverse tropical rainforests and an equatorial climate. The state's mountain ranges form part of the Titiwangsa Range, which is part of the larger Tenasserim Hills, Tenasserim Range connected to Thailand and Myanmar, with Mount Ophir being the highest point in Johor. While i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
