Dilemma of Salim’s Oil Palm

Crud Palm Oil

Monday, December 4, 2000

It is believed the sale of oil palm estates formerly owned by the Salim Group to Guthrie will only strengthen Malaysia’s monopoly. What has Indonesia got to lose?

. tempo : 178042112885.

The sale will benefit the competitor but the other side will incur losses. This could be the dilemma the Indonesian Bank Restructuring Agency (IBRA) is facing over the sale of 25 oil palm estates formerly owned by the Salim Group and managed by Holdiko Perkasa. On one hand, IBRA is burdened with a target to deposit Rp18.9 trillion into the state’s coffers. On the other, the sale will only strengthen Malaysia’s monopoly in the internat...

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