| Date | Progress |
| November 2018 | 13 November 2018:
Rainforest Action Network (RAN)’s report titled “Perilous – Korindo, Land Grabbing & Banks” detailed local communities and NGO’s complaints about Korindo’s logging and oil palm operations in North Maluku Province, though its subsidiary Gelora Mandiri Membangun (GMM). Analysis of the broader Korindo Group also raises numerous red flags regarding its corporate governance standards. We have no business relationship with Korindo Group as our last purchase date was in end 2016. |