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Wilmar eyes IPO in China in second half of 2019

September quarter profit hit by weak margins in palm oil

Workers sift through palm fruits at a palm oil factory near Kuala Lumpur.   © Reuters

SINGAPORE -- Wilmar International, Singapore's leading palm oil producer, plans to spin off its China unit and list on the Shanghai Stock Exchange in the second half of 2019, a senior executive from the company has said.

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