Brief: Wilmar International Says Russian Court Orders State Seizure Of A 24% Interest Indirectly Owned By Co In JSC Etalon
08/05/2026 11:31
May 8 (Reuters) - Wilmar International Ltd WLIL.SI: RUSSIAN COURT ORDERS STATE SEIZURE OF A 24% INTEREST INDIRECTLY OWNED BY WILMAR IN JSC ETALON CARRYING VALUE OF WILMAR'S INVESTMENT IN PROFIT GROUP IS USD310.9 MILLION INTENDS TO FILE AN APPEAL WITH RUSSIAN COURT AGAINST SEIZURE OF PROFIT'S 24% INTEREST IN ETALON NO CONTRIBUTION FROM PROFIT WAS RECOGNISED IN WILMAR'S FY2025 FINANCIAL STATEMENTS. Further company coverage: WLIL.SI ((Reuters.Briefs@thomsonreuters.com;))
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