KUALA LUMPUR: Shareholders of PPB Group Bhd
have given the nod for the merger between Singapore-based Wilmar International Ltd and PPB's subsidiary, PPB Oil Palms Bhd (PPBOP) as well as the group's edible oils, specialty fats, oleochemicals and trading businesses under PGEO Group Sdn Bhd (PGEO) and Kuok Oils & Grains Pte Ltd (KOG).
Executive chairman Datuk Oh Siew Nam told a media briefing after the two and a half-hour EGM that the merger exercise and the de-listing of PPB Oil Palms Bhd from Bursa Malaysia were slated for completion by the second quarter this year.
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