wilmar international subsidiaries

The proposed principal activities of the subsidiary are ship crew recruitment and placement and ship agency services.100 On Ridge, on the hand, has been dissolved and has ceased to be a subsidiary of Wilmar. In 2003, it established the first compound fertiliser manufacturing plant with a production capacity of 120,000 tonnes per year, and in 2004 opened the first oleochemicals plant in Shanghai. [HOUSTON] Exxon Mobil is preparing deep spending and job cuts, according to people familiar with the matter, as it...[BEIJING] Chinese President Xi Jinping called for a greater push on reforms to stimulate domestic demand and the...Wilmar shares closed up $0.24 or 7.9 per cent to S$3.26 on Wednesday.YKA has also acquired a 69.50 per cent interest in the registered capital of Shenzhen Delion Food Co for a total cash consideration of RMB72.6 million (S$14.8 million). WSATPL has an initial issued and paidup capital of USD2.00. This new Wilmar subsidiary will engage in the sale and distribution of food products.AGRIBUSINESS company Wilmar International on Wednesday announced the establishment of four new subsidiaries in the Solomon Islands, China, Myanmar and Sri Lanka, as well as an acquisition of one of its subsidiaries in China.The China subsidiary Yihai Kerry (Hunan) Oils, Grains & Foodstuffs Co is a direct wholly-owned subsidiary of Yihai Kerry Arawana Holdings (YKA) Co. This new Wilmar subsidiary will engage in the sale and distribution of food products. Wilmar Sugar Americas Pte. Goodman Fielder will have an issued and paid-up share capital of SI$50,000 (S$8,524).

[LONDON] Oil prices fell by around 4 per cent on Thursday, as surging coronavirus infections around the world...[BANGKOK] Thailand's bankruptcy court on Thursday said it had accepted a petition from low-cost carrier Nok Airlines...Goodman Fielder International in the Soloman Islands is a direct wholly-owned subsidiary of Goodman Fielder, which is in turn, an indirect wholly-owned subsidiary of Wilmar. We are engaged in oil palm cultivation, oilseed crushing, edible oils refining, sugar milling and refining, manufacturing of consumer products, specialty fats, oleochemicals, biodiesel and fertilisers as well as flour and rice milling. Its business activities include the processing and sales of kitchen food, feed ingredients and oleochemicals in China. The proposed listing and IPO is intended to further the growth of Wilmar’s China operations by increasing its market visibility and awareness amongst current and potential customers, investors and the public in China in the agricultural and food processing sectors.There will be an approximate 10% of the total pro-forma share capital of YKA if the CSRC gives it the green light.Should the application for the proposed listing be approved by the CSRC, it is envisaged that there will be an IPO of new YKA shares of approximately 10% of the total pro-forma share capital of YKA, and there will not be any secondary offering.Meanwhile, Wilmar has obtained approval from the Singapore Securities Exchange Trading (SGX-ST) for the restructuring and spin-off of YKA as part of the proposed IPO. Wilmar is ranked amongst the largest listed companies by market capitalisation on the Singapore Exchange. This means it is an indirect 99.99 per cent owned subsidiary of Wilmar.
Ltd. (“WSATPL”) is a direct wholly -owned subsidiary of Wilmar Sugar Pte. The proposed principal activity of Sunshine Wilmar is investment holding.© 2020 SINGAPORE PRESS HOLDINGS LTD. REGN NO. YK Hunan has a registered capital of RMB300 million (S$61.1 million). The remaining 50 per cent of the issued capital is held by Sunshine Holdings,  a party not related to Wilmar. Sunshine Wilmar has an issued capital of 20 Sri Lankan rupees. Its business activities include the processing and sales of kitchen food, feed ingredients and oleochemicals in China.“As part of the proposed IPO, Wilmar will continue to retain its current number of shares held in YKA. Raffles Shipmanagement Services has issued a share capital of US$1. Ltd., which is in turn, an indirect 83.46% owned subsidiary of Wilmar. YKA, a 99.99%-owned subsidiary of Wilmar incorporated in mainland China, is said to be one of the largest agribusiness and food processing companies in the country. The remaining 30.50 per cent interest of the registered capital of Shenzhen Delion is held by a party not related to Wilmar and Shanghai Broad Ocean Investments Co, a company owned by certain employees of YKA. The proceeds will be used to fund YKA’s capital expenditure requirements, Wilmar said. Goodman Fielder International in the Soloman Islands is a direct wholly-owned subsidiary of Goodman Fielder, which is in turn, an indirect wholly-owned subsidiary of Wilmar. Wilmar commenced operations as a palm oil trading company in 1991.  YKA, a 99.99%-owned subsidiary of Wilmar incorporated in mainland China, is said to be one of the largest agribusiness and food processing companies in the country.

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