Sime Darby unit SDHB receives IRB tax assessments totaling RM 150.18 million

Sime Darby Holdings, a wholly owned unit of Sime Darby, received IRB tax assessments totaling RM 150.18 million for 2017-2023. Assessments relate to IRB’s treatment of treasury interest income as taxable under Section 4(c) of Malaysia’s Income Tax Act 1967. The unit plans to appeal within 30 days, citing legal grounds to challenge the assessments. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sime Darby Berhad published the original content used to generate this news brief via Bursa Malaysia (KLSE) (Ref. ID: 3714324) on October 13, 2026, and is solely responsible for the information contained therein. (C)