PPB Group Bhd expects Wilmar International Ltd's weaker financial performance to adversely impact its financial results and advised shareholders and investors to be cautious.
The plantations,flour milling and property company said on Wednesday while its share of its 18.55%-associate Wilmar results has yet to be determined, “it is expected that this would have an adverse impact on the financial results of the PPB Group for Q2, 2016”.
“Details of the PPB Group’s financial performance for Q2, 2016 and H1, 2016 will be disclosed when PPB announces its consolidated financial results for the respective periods,” it said.
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The plantations,flour milling and property company said on Wednesday while its share of its 18.55%-associate Wilmar results has yet to be determined, “it is expected that this would have an adverse impact on the financial results of the PPB Group for Q2, 2016”.
“Details of the PPB Group’s financial performance for Q2, 2016 and H1, 2016 will be disclosed when PPB announces its consolidated financial results for the respective periods,” it said.
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