Ownership of Sime Darby Berhad is heavily concentrated among major Malaysian government-linked institutional funds and state investment entities. Permodalan Nasional Berhad (PNB), Malaysia's premier state-backed asset management institution, stands as the single largest controlling shareholder, holding a substantial majority block of equity shares. Additional significant institutional stakeholders include the Employees Provident Fund (EPF), Kumpulan Wang Persaraan, and Lembaga Tabung Haji, which collectively provide long-term financial backing and stability to the multinational trading and logistics conglomerate.