More of Sinar Mas's handiwork, this time in an area known to support endangered Sumatran tigers
There's been a not insignificant amount of fallout from the implosion of Sinar Mas's audit last week. You'll remember that the independent auditors demanded public clarification on some statements made by Sinar Mas about the results of said audit which were not, in fact, supported by the audit itself.
First of all (and this might be a complete coincidence), shares for Golden Agri Resources (Gar) - one of the Sinar Mas group's palm oil producers - fell by over 6 per cent between 19 and 23 August. PT Smart, another palm oil arm, dropped by nearly 3 per cent.