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