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REUTERS/Wilmar says Indonesian downstream investment likely over
"Every year we invest about $200-300 million in Indonesia, so this investment may be spread out over a number of years, possibly three years," chief operating officer Martua Sitorus told Reuters on the sideline of the company's results briefing.
Separately, Wilmar CEO Kuok Khoon Hong said margins for its consumer product business in China will likely remain under pressure with the government asking producers not to raise prices until at least March to deal with rising inflation. (Reporting by Harry Suhartono)
