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Wilmar International Ltd (WLIL.SI)

WLIL.SI on Stock Exchange of Singapore

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Latest Key Developments (Source: Significant Developments)

Wilmar announces deal to buy Cargill's edible oil facilities in Kuantan ​
Monday, 20 Nov 2017 

Nov 20 (Reuters) - Wilmar International Ltd ::‍Wilmar enters into agreement to purchase edible oil facilities in Kuantan from Cargill​.Wilmar Kuantan Edible Oils enters into deal with Cargill Palm Plantation to buy Cargill's edible oil facilities in Kuantan.Transfer of ownership is expected to occur by end of 2018.  Full Article

Singapore's Wilmar hopes to list China business in H2 of 2019
Monday, 13 Nov 2017 

Nov 13 (Reuters) - Singapore's Wilmar ::Exec says palm plantation fresh fruit bunch output to rise 10 percent in 2017, 5-10 percent in 2018.CFO says hopes to list China business by second half of 2019.  Full Article

Wilmar International posts third quarter net profit down 5.7 pct to $‍370.0​ mln
Monday, 13 Nov 2017 

Nov 13 (Reuters) - Wilmar International Ltd :Qtrly revenue $‍11,128.9​ million versus $11,084.3 million a year ago.Qtrly net profit $‍370.0​ million versus $392.2 million a year ago.‍Expect good performance in oilseeds & grains segment to continue into Q4​.‍performance of other major business segments is expected to be satisfactory in Q4​.Co ‍will continue with our expansion plans, especially in oilseeds and grains including consumer products​.  Full Article

Wilmar International and Raizen Energia to form joint venture
Tuesday, 4 Oct 2016 

Wilmar International Ltd :Raízen Energia S.A. and Wilmar International announce creation of a new joint venture called Raízen And Wilmar Sugar Pte..  Full Article

Wilmar International Ltd and ADM receive approvals for Olenex joint venture
Friday, 23 Sep 2016 

Wilmar International Ltd : Archer Daniels Midland Company and Wilmar International announced that they received all required competition approvals for their agreement . Companies anticipate formally launching new venture in coming weeks .Agreement stipulates that refined oils and fats from ADM's other plants in Czech Republic, Germany, Netherlands, Poland and U.K. Be marketed by Olenex.  Full Article

Wilmar International posts quarterly net loss of $220.1 mln
Thursday, 11 Aug 2016 

Wilmar International Ltd : Second quarter and/ or half yearly results) . Qtrly revenue $9.37 billion versus $9.28 billion a year ago . Qtrly net loss $220.1 million versus profit of $193.2 million a year ago . Group's integrated agribusiness model remains intact and resilient . Barring unforeseen circumstances, the group's performance for the rest of the year is expected to be satisfactory . Recent developments in joint ventures in Vietnam and India strengthen the long term prospects in these countries . The company's interim tax exempt (one-tier) dividend of s$0.025 per ordinary share for the financial year ending 31 December 2016 .  Full Article

Wilmar International announces forecast for second quarter, half year
Tuesday, 19 Jul 2016 

Wilmar International Ltd : Sugar losses for 2q2016 are expected to be greater than 2q2015 . Wilmar International Limited (profit guidance) . 2q2016 losses were largely attributed to the manufacturing sub-segment within oilseeds and grains and partially to the sugar segment . Group is expected to report net losses of approximately us$230 million for second quarter . Dry weather in Australia in early part of year is expected to reduce volume of cane crushed in fy2016 as compared to fy2015 . Barring unforeseen circumstances, operating environment for the group for rest of the year is expected to normalize . Group is still expected to be profitable in H1, although profit is expected to be "significantly lower" .  Full Article

Bunge, Wilmar to form joint venture in Vietnam
Tuesday, 5 Jul 2016 

Bunge Ltd : Bunge and wilmar to form joint venture in vietnam . Bunge will sell 45% of its equity in its vietnam crush operations to wilmar .Deal creates three-party jv with bunge and wilmar as equal 45% shareholders and quang dung retaining its existing 10% stake in operations.  Full Article

Wilmar International posts qtrly net profit of $239.4 mln
Tuesday, 10 May 2016 

Wilmar International Ltd : Qtrly revenue $9.00 billion versus $ 9.41 billion a year ago . "Expect the recent improvements in cpo prices to benefit our Plantation business" . Qtrly net profit $239.4 million versus $232.0 million a year ago . Recent volatility in sugar prices will also have an effect on our sugar operations . Says no dividend has been declared for the quarter ended 31 March 2016 . Operating conditions in the second quarter are expected to be challenging ."Crush margins are expected to come under pressure as a result of excessive soybean arrivals into China".  Full Article

Wilmar International Ltd - Brazil watchdog reviews proposed Raizen, Wilmar trading venture - Reuters
Wednesday, 23 Dec 2015 

Wilmar International Ltd:Brazilian antitrust watchdog Cade is reviewing a proposed tie-up between sugar and ethanol producer Raizen Energia SA and trader Wilmar International Ltd, as prices for the commodity recover amid tightening global supply - RTRS.The proposed joint venture aims to export a type of Brazilian sugar known as VHP, a filing by Cade in the government's official gazzette on Wednesday said. - RTRS.Cade cited the companies as saying the supply relationship between Raízen and Wilmar would be strengthened by the tie-up - RTRS.Raízen, a joint venture between Cosan SA CSAN3.SA and Anglo-Dutch Royal Dutch Shell Plc RDSa.L, declined to comment. - RTRS.  Full Article

BRIEF-Wilmar announces deal to buy Cargill's edible oil facilities in Kuantan ​

* ‍Wilmar enters into agreement to purchase edible oil facilities in Kuantan from Cargill​