Friday 29 Mar 2024
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KUALA LUMPUR (May 2): Sime Darby Bhd has disposed of its in-house provider of human resources, finance and accounting, and information technology services Sime Darby Global Services Centre Sdn Bhd (SDGSC) to New York Stock Exchange-listed DXC Technology.

In a statement today, the conglomerate said the deal is a strategic step in pushing SDGSC ahead, enabling it to expand its portfolio and gain access to cutting edge technologies through the acquisition agreement with DXC Technology, a leader in the business process services (BPS) space.

As part of the sale, Sime Darby has also signed a long-term outsourcing agreement with DXC Technology, which will ensure that the group will continue to have access to world-class standards, processes and technology.

It said employees of SDGSC will transition to DXC Technology as part of the deal.

Sime Darby group chief executive Datuk Jeffri Salim Davidson said the global services centre had served the group well in enhancing efficiency and productivity since 2008, and the deal with DXC Technology is expected to further drive productivity gains for the group.

He added that the partnership with DXC Technology is particularly meaningful due to the recognition of talent at SDGSC for their hard work and commitment.

Jeffri said effective immediately SDGSC will be fully integrated into the BPS and delivery operations of DXC Malaysia.

Meanwhile, DXC Technology Asia vice president and general manager Koushik Radhakrishnan said DXC Technology has a strong market presence across Asia, with Malaysia serving as a strategic capability hub.

"As customers proliferate digital scale, the managed services agreement with Sime Darby Bhd and acquisition of Sime Darby Global Services Centre enhances our relevance to customers in Asia, and enables innovation and productivity improvements for Sime Darby," Radhakrishnan said.

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