PPB unfazed by foreign ownership limit in Indonesia plantations
- 7 years ago
PPB Group said it is unfazed by the possibility of further restrictions on foreign ownership of oil palm plantations in Indonesia. This is despite being exposed to the country through its 18.3 per cent owned associate Wilmar International Ltd which owns about 167 thousand hectares of plantation land in Kalimantan, Indonesia as of June 30th, 2014 .
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