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Senior finance ministry official Rionald Silaban said on Tuesday that Indonesia is preparing to inject roughly 8 trillion rupiah ($487.21 million) in capital into new state-owned company Agrinas Palma Nusantara.
Agrinas, a state-owned firm that previously operated in the construction sector before being converted into a palm oil company this year, will manage plantations that were seized as part of an ongoing corruption investigation.
Source: Reuters