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Wilmar International Limited (RTHA.F)
- Reuters SG
UPDATE 3-Australian sugar workers suspend strikes after threat to bar them from mills
Workers at Australia's largest sugar producer will temporarily halt industrial action after the company threatened to bar those who took part in work stoppages from its mills and stop paying them, a union representative said. Wilmar Sugar and Renewables is locked in a pay dispute with workers that has that seen several walk-outs in recent weeks and delayed the start of sugar production. A suspension of industrial action should allow unionised employees to keep working until a vote on a company pay offer next week that unions say is too low and will be rejected, potentially leading to a resumption of strikes.
- Reuters SG
Striking workers to be barred from Wilmar's Australian sugar mills
Australia's largest sugar producer will bar workers who take part in strike action from its mills, the company said on Tuesday, escalating an industrial dispute that has already delayed the start of the sugar production. "Today, Wilmar Sugar and Renewables advised more than 1,200 wages employees that anyone participating in industrial action from start of shifts tomorrow morning (Wednesday 5 June) will be locked out until further notice," the company said in a statement. Locked-out workers would not be able to enter Wilmar's facilities and would not be paid until the measure was lifted, it said.
- The Edge Singapore
Wilmar’s chairman and CEO acquires 1 mil shares at $3.08 per share
Shares in Wilmar closed 1 cent lower or 0.32% down at $3.08 on June 3.
