Research houses OSK Research and Kenanga Research are positive over the appointment of Mohd Bakke Salleh as Sime Darby Bhd's designated president and group chief executive officer (CEO) as it has removed one of the many elements of uncertainty.

In its research note, OSK said the market was waiting to see whether Bakke would be able to straighten out Sime Darby and turn it into a respectable company.