Kuok Khoon Hong, CEO of Wilmar, is expecting better results this year and he believes that Wilmar is going to pay big dividends one day. Why does he thinks so?
“I have a lot of money in this company. If the investments [referring to ventures in Africa] were very risky, I wouldn’t go in at the first place.”
As Kuok answered minority shareholder’s concern on expansion into Africa, he continued,
“I can’t see the whole of Africa going down and even if it does, we can afford the risk. It is one continent we have one big advantage in. I’m getting on in age in a few years’ time and I will slow down investments and then we will pay attractive dividends.”
Here are 8 Quick Things I Learned From Wilmar’s AGM 2015:
- Kuok is 65 this year yet he still works 16-hour days. As far as ...