George Yeo adds 100,000 Wilmar shares at $2.97 apiece, taking stake to over 1 million shares
Shares of Wilmar have fallen by more than 14% over the past month.
Ex-Minister George Yeo acquired an additional 100,000 shares of Wilmar International, boosting his ownership to over a million shares, according to a filing with the Singapore Exchange. The government-appointed Control Risks Group and Dentons Rodyk & Davidson will assess Wilmar's potential involvement in fires in Indonesia, which caused haze affecting Singapore and Malaysia.
Wilmar has submitted the first set of documents in response to an NEA notice, and sold fertilizers and diesel to six haze-linked companies, earning around US$22.5 million.
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