PETALING JAYA: Singapore-listed agribusiness group Wilmar International Ltd, which counts PPB Group Bhd
as its largest associate shareholder, is anticipating a stronger fourth quarter.
The expectation is expected to be supported by a one-off gain from the planned sale of another 6.5% of its stake in Adani Wilmar in India by February 2025, potentially lower borrowing costs if US interest rates are cut and any recovery in China’s economy.
