Wilmar sold goods to 6 firms issued notices under Singapore haze law; no operational relationship
Revenue for such sales amounted to 371,289.9 million rupiah (US$22.5 million)
Wilmar International, an agribusiness, reported sales of fertilisers and diesel products to six Indonesian companies that have received notices under Singapore's haze law. The sales generated revenue of 371,289.9 million rupiah (US$22.5 million) for the financial year ending December 31, 2025. However, Wilmar stated it has no operational or supply-chain relationship with these six companies.
Additionally, Wilmar affirmed it does not have any operational, supply-chain, or business relationship with the remaining four Indonesian companies that have received preventive measures notices under Singapore's Transboundary Haze Pollution Act. None of the 10 companies are Wilmar's subsidiaries. Similar statements were made by Indofood Agri Resources and Kencana Agri, both of which are among the 10 Singapore-registered companies that received notices from the National Environment Agency (NEA).
Wilmar and its peers saw their shares decrease in response to the notices, with Wilmar shares closing at S$3.01, down 3.2 per cent, and Indofood Agri ending at S$0.325, down 1.5 per cent.
Written by urgent.news from The Business Times - Singapore's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
