PPB Group boosts payout on higher contribution from Wilmar


KUALA LUMPUR: PPB Group Bhd, the company controlled by Kuok Brothers Sdn Bhd, has boosted its dividend payout after net profit for the full year ended Dec 31, 2017 (FY17) jumped 15% to RM1.2bil.

The higher earnings, it said in a filing with Bursa Malaysia was attributed to the “significant” increase in contribution from Singapore-listed Wilmar International Ltd.

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