Sime UMW Berhad (formerly UMW Holdings Berhad; MYX: 4588) is a Malaysian industrial conglomerate. It is one of the largest companies and also one of the leading industrial enterprises, serving the economies of Malaysia and the Asia-Pacific region. On 13 December 2023, it was announced that Sime Darby completed its acquisition of the majority stake (61.2%) in the company.[2]
The UMW Group is an RM11 billion company and ranks among the foremost corporations listed on the Bursa Malaysia. Its net assets exceed RM2.3 billion and its workforce numbers more than 7,500 employees serving customers through a nationwide distribution network.[3]