Bursa Building

Sime Darby Bhd Stock Surged

The share price of Sime Darby Bhd formerly known as Synergy Drive Bhd surged to a high of RM12.10, up RM3.20 or 36% from the reference price of RM8.90 when it was listed on Nov 30.

Most research houses are giving the thumbs up to Sime Darby, with 12-month target prices ranging from RM11.40 to RM12.80.

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