From Guthrie with the Slickest Price

The sale of oil palm plantations previously owned by Salim to Guthrie is going ahead, despite opposition. Is this due to high-level interference?

February 27, 2001

Abdul Khalid Ibrahim is happy. The president director of Malaysia’s Perkumpulan Guthrie Berhad has just met with officials from the Indonesian Bank Restructuring Agency (IBRA). He had only one task: to smooth the sale of the oil palm plantations previously owned by the Salim Group. The sale had hit a snag due to opposition by the House of Representatives (DPR), the Riau community and other parties. Was the mission accomplished? He nods...

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