Sime Darby Bhd is embarking on a strategic shift after the demerger exercise in 2017 that carved out the property and plantations businesses, that aims to bring two businesses, namely industrial and motors, to a larger footprint.

The group has targeted to take over UMW Holding Bhd – a mini Sime Darby to many – by bolstering the core segments in a takeover exercise that can cost up to RM5.84bil, or RM5 a share.