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Wilmar International Responds to Indonesian Legal Developments

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Wilmar International Responds to Indonesian Legal Developments

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An update from Wilmar International ( (SG:F34) ) is now available.

Wilmar International Limited has been mentioned in media reports regarding the arrest of judges in Indonesia who acquitted three palm oil companies, including Wilmar, of corruption charges related to export permits. While Wilmar asserts that neither the company nor its employees are involved in the investigations, it has expressed willingness to cooperate if needed. The company maintains its stance of zero tolerance for corruption, emphasizing its efforts to increase palm oil supply to aid the government in stabilizing domestic prices.

More about Wilmar International

Wilmar International Limited is a company incorporated in the Republic of Singapore, primarily engaged in the agribusiness sector. The company is a major player in the palm oil industry, focusing on the production and distribution of palm oil and related products.

YTD Price Performance: 6.17%

Average Trading Volume: 81,696

Technical Sentiment Signal: Sell

Current Market Cap: $14.89B

For detailed information about F34 stock, go to TipRanks’ Stock Analysis page.

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