December 4, 2009

Sime Darby unit seals groundwater deal with Perak

Tags: SDWR | Sime Darby Bhd

Written by The Edge Financial Daily
Friday, 04 December 2009 00:00

KUALA LUMPUR: SIME DARBY BHD []'s 75%-owned subsidary Sime Darby Water Resources (Perak) Sdn Bhd (SDWR) has inked a groundwater resource development agreement with the Perak state government.

In a statement yesterday, Sime Darby said subject to the terms and conditions in the agreement, the state government granted to SDWR rights to prospect, drill, abstract and treat groundwater sourced from areas approved by the state within the district of Batang Padang.

It said under the terms, SDWR would submit a feasibility study report in relation to the sustainability of the project for the approval of the state as well as an implementation programme and business plan in respect of abstracting groundwater for commercial supply.

Sime Darby said SDWR, together with the government, would develop a groundwater resource management plan and establish a steering committee with representation from the state to govern the sustainable abstraction of groundwater.

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Ibrahim bin Ramli@Nuang started his career with CIMB Wealth Advisors Berhad as Agency Manager in April, 2008.Previously he was an Internal Auditors and Accounts Executive with Perodua Sales Sdn Bhd since 17 August, 1994. His background:- 1.Certified of Achievement for Master Sales Leadership from Dr Lawrence Walter Ng of President of The Art Of Learning and International Of Learning Without Learning 2.Certified for eXtra Ordinary Performance of Lawrence Walter Award Certificate for One Million Ringgit Club 2007 3. Certified Life & General insurances 4. Conferred with Diploma in Business Studiess & Bachelor of Business Admin(Hons)Finance from UiTM, Terengganu Branch & Shah Alam respectively;

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