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Adijanto family offers to take Global Palm Resources private with 25 cents a share offer

The Edge Singapore
The Edge Singapore • 2 min read
Adijanto family offers to take Global Palm Resources private with 25 cents a share offer
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The spate of privatisation of listed companies here is continuing.

The Adijanto family of Indonesia is offering 25 cents a share for palm oil company Global Palm Resources Holdings, valuing the company at around $62.4 million.

The family, via another vehicle, already controls 82.98% of the company.

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