Sime Darby Clarifies

Sime Darby Plantation Liberia (SDPL) would like to clarify that as a responsible long-term investor, it honors and upholds all regulatory obligations and requirements, including compliance, remittance and payment of all lawful taxes.

SDPL has sought clarification from the Liberia Revenue Authority (LRA) and was informed that the company has not made its contribution to the Community Development Fund (CDF). In this respect, SDPL would like to state that it has been working with the Government of Liberia to set up the Management Committee to govern the CDF.

The Management Committee should rightfully consist of representatives from the government, SDPL and the community. SDPL will start its contribution to the CDF as soon as the committee is established.