PETALING JAYA: Diversified plantation group Kulim (M) Bhd and Asia’s leading agribusiness group Wilmar International Ltd are set to become winners from Kulim’s unit Natural Oleochemicals Sdn Bhd (NatOleo) sale deal.
On Wednesday, Wilmar, via its unit PGEO Group Sdn Bhd, announced its proposed acquisition of Kulim’s 91.38% stake in NatOleo, one of the world’s largest oleochemical producers, for RM450mil cash.
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