This report assesses the financing of the Malaysian palm oil company Sime Darby by European financial institutions in the past four years (since July 2009). The largest European shareholders of Sime Darby are the Norwegian Government Pension Fund – Global, the British asset manager Schroder Investment Management, the Dutch pension fund Pensioenfonds Zorg en Welzijn (PfZW) and the German Deutsche Bank. Deutsche Bank is also the largest European bondholder together with AXA Group (France), and Credit Suisse (Switzerland) is both a substantial shareholder and bondholder. HSBC and Standard Chartered (both from the United Kingdom) are the only European financial institutions that have assisted Sime Darby to issue new bonds. Other large Dutch investors in Sime Darby are pension fund ABP and banking and financial services corporation ING.
Download here:
