The listing values the market capitalisation of SDPB at approximately RM 8.16 billion, being approximately GBP 1.52 billion.
The Appleby team carried out extensive due diligence on the Jersey incorporated entities which form part of the wider SDPB business structure and advised on all Jersey law aspects relating to the prospectus.
Andrew Weaver led the team at Appleby, assisted by Associates Daniel Healy and Jessica Jiang.
SDPB is a multiple award winning integrated developer based in Malaysia involved in property development, property investment & asset management, hospitality and leisure. It is also owns 40% of the iconic Battersea Power Station Development in London.
Appleby’s Andrew Weaver commented: “We are delighted to have acted as Jersey legal counsel in relation to the listing of Sime Darby Property Berhad. This transaction is an excellent example of Appleby’s expertise in advising prominent corporations on complex matters of Jersey law on a cross-border basis.”