Additional provisions of RM964m. Sime Darby announced that it has decided to make an additional RM964m in provisions for four projects, namely:
(1) Bulhanine and Maydan Mahzam project with Qatar Petroleum (QP) – RM200m;
(2) Maersk Oil Qatar project (MOQ) – RM159m;
(3) Marine project involving the construction of vessels for use in the MOQ Project – RM155m and
(4) Bakun hydroelectric dam project – RM450m (see Table 2).
Sime Darby Berhad : Eroding Investor Confidence - 14/05/2010
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