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Wilmar slips in S’pore after anti-graft action in Indonesia; Singtel falls on Optus penalty settlement
Stocks in aviation, oil and gas, offshore and marine sectors react to escalating Mid-East conflict. Read more at straitstimes ...
The Edge Singapore5d
Wilmar International submits security deposit of 11.9 tril rupiah for corruption charges against Indonesian subsidiaries
In April, the Indonesian authorities brought charges against five of Wilmar’s subsidiaries for the alleged harming of state ...
Agrifood giant Wilmar hands over almost two-thirds of its annual profit to Indonesia as ‘security deposit’ for palm oil corruption case
Wilmar International, the Singapore-based agrifood giant, has handed over 11.9 trillion Indonesian rupiah ($729 million) to ...
Free Malaysia Today on MSN2d
Robert Kuok’s PPB slumps to 16-year low on Wilmar woes
Its shares crash through the psychological RM10 level over its associate Wilmar International’s Indonesian legal problems.
The Malaysian Reserve4d
Wilmar posts US$729m security deposit amid Indonesian corruption appeal, PPB discloses
PPB Group Bhd has announced that its associate company, Wilmar International Ltd, has placed a security deposit of 11.88 ...
The Business Times4d
Wilmar International down 4% after Jakarta’s seizure of 11.8 trillion rupiah from Wilmar Group in graft case
SINGAPORE] The shares of Wilmar International fell on Wednesday (Jun 18) morning after the Indonesian authorities seized 11.8 ...
The Edge Singapore3d
Citi stays unchanged on Wilmar, sees upstream oil plantation to be less than 5% of group revenue
The sum, notes the analyst, is equivalent to around 54% of Wilmar’s FY2025 net profit and about 10% of the group’s US$7.1 ...
Free Malaysia Today2d
Robert Kuok’s PPB slumps to 16-year low on Wilmar woes
Agrifood conglomerate PPB Group Bhd, controlled by Malaysia’s richest individual Robert Kuok, has crashed through the psychological RM10 per share mark to a 16-year low. The sharp drop was ...
AOL4d
Agrifood giant Wilmar hands over almost two-thirds of its annual profit to Indonesia as ‘security deposit’ for palm oil corruption case
Wilmar International, the Singapore-based agrifood giant ... Indonesia’s Attorney General’s Office claims that corruption tied to these export permits cost the state 12.3 trillion rupiah ...
Wilmar Tumbles After $729 Million Deposit in Indonesia Palm Case
Asian food titan Wilmar International Ltd.’s shares plunged to their lowest level in more than five years, after the company said several units in Indonesia were pressed to hand over $729 million as a ...