Analysts give thumbs up to SimeDarby's buy

摘要

Malaysian conglomerate Sime Darby's acquisition of a 95% stake in Indonesian company PT Indo Sukses Lestari Makmur for US$4.36 million has been given the thumbs up by analysts. It has been reported that the acquisition, through its indirect wholly-owned subsidiary PT Minamas Gemilang involves a "minimal investment" while the development cost is over a 15-year period.