Wilmar says Prosperine creditors approve sale of mill

Singapore\’s Wilmar International Ltd, the world\’s largest listed palm oil firm, said on Friday creditors have approved the sale of its Proserpine sugar mill for A$120 million, to Australia-based unit Sucrogen.

The creditors\’ vote paved the way for the sale transaction to be completed immediately, Sucrogen chief executive officer Ian Glasson said in a statement.

Sucrogen is the sugar unit of Wilmar.\”The positive result means creditors will be paid, in full, before Christmas,\” Glasson said.

Inscreva-se e receba notificações de novas notícias!

você pode gostar também