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Hi CB,
It was a good meeting! Let me share with you briefly here.
Wilmar is expanding aggressively in Africa now and this segment is going to be their next key drivers for Wilmar. On top of that, Kuok is planning to grow its downstream businesses – consumable segments across multiple industries (i.e. detergents, soaps, etc) and building up or acquiring those brands which he thinks the most valuable asset. Until today, market still associate Wilmar as commodity company when its consumable division is growing intensively.
There is a concern who is going to be Kuok successor (65 years old) as Martua Sitorus is going out to do his own biz.