Norwegian Govt Pension Fund Global divests out of 23 palm oil firms


KUALA LUMPUR: The Norwegian Government Pension Fund Global (GPFG) disposed of its stakes in 23 Asian palm oil companies in 2012, including Kuala Lumpur Kepong and Genting Plantations.

The GPFG, which is the world's largest sovereign wealth fund, was reportedly to have also divested its stake in Astra International, First Resources, Golden Agri, Indofood Agri and Wilmar, according to JP Morgan Asia Pacific Equity Research.

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