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OSLO (Reuters) -Norway's $1.2 trillion wealth fund put Malaysia's Supermax Corp under observation for two years on Wednesday, citing unacceptable risk that the company contributes to serious violations of human rights.
"The Executive Board has made the assessment that the company's announced measures to improve living and working conditions for migrant workers leave uncertainty about future developments," the fund said in a statement.
The fund added it has also revoked the exclusion of Malaysi...
>>> Read more: Norway wealth fund puts Malaysia's Supermax Corp under observation
"The Executive Board has made the assessment that the company's announced measures to improve living and working conditions for migrant workers leave uncertainty about future developments," the fund said in a statement.
The fund added it has also revoked the exclusion of Malaysi...
>>> Read more: Norway wealth fund puts Malaysia's Supermax Corp under observation
