Sime Darby said in view of the said waiver, all conditions to the Proposed Acquisition are deemed fulfilled.
Hence, the amount due to the Sellers (less withholding tax and retention sum) has today been released to the Sellers in accordance with the agreement.
Indo Sukses operates in the forestry industry, which had the rights to 10,000 hectares of land earmarked for rubber cultivation. (hans@theindonesiatoday.com)