PPB risk premium higher amid legal case in Indonesia


PETALING JAYA: Investors will likely demand a higher risk premium for PPB Group Bhd after its associate company, Wilmar International Ltd, revealed that its subsidiaries were charged by the Attorney General’s Office (AGO) of Indonesia.

Wilmar, which denied any wrongdoing over the alleged corruption conspiracy, had placed a security deposit of US$729mil with the AGO pending a Supreme Court decision.

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