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Diversification may be Wilmar's trump card

WILMAR International and First Pacific have lowered their offer price for Australia's Goodman Fielder to A$0.675 a share plus a one cent dividend, 2.5 cents less than the previous offer - PHOTO: BLOOMBERG

WHAT had seemed like a ghost of the past has come back to haunt Wilmar International. After six consecutive quarters of profits in its oilseeds division, its recently released first-quarter results showing negative margins for its soybean processing operations have yet again stunned the market,