3l3CV2017 Asset AcqJisitions and Disposals::Notificatioo of Charges to Wilmar subsidiaries and associated companies
Issuer/ Manager | WILMAR INTERNATIONAL LIMITED |
Securities | WILMAR INTERNATIONAL LIMITED - SG1T56930848 - F34 |
Stapled Security | No |
Asset Acquisitions and Dlsposals::Nottflcatlon of Changes to Wiimar subsidiaries and associated companies Issuer & Securities
Announcement Details
Announcement Tltle | Asset Acquisitions and Disposals |
Date & Time of Broadcast | 30-Mar-2017 17:25:35 |
Status | New |
Announcement Sub Trtle | Notification of Changes to Wilmar subsidiaries and associated companies |
Announcement Reference | SG1703300THRNK1S |
Submitted By (CoJInd. Name) | Teo La-Mei |
Designation | Company Secretary |
Description (Please provide a detailed description of the eventIn the box below) | Please see attached announcement. |
Attachments | ® Notification of changes to WIL Subs and Asso Cos dd 30 March 2017. pdf Total size =119K |
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http://infopub.sgx.com/Apps?A=COW_CorpAnnouament_Content&B=AnnouncementT oday&F=Q1W5V0878EHKWKT&H=05eaea7 1a267ba80b2d31f7533425... 1/1
WILMAR INTERNATIONAL LIMITED(Incorporated in the Republic of Singapore) (Company Registration No. 199904785Z)
ANNOUNCEMENTWilmar International Limited (the "Company" or "Wilmar") wishes to announce the following:
Change in shareholding in associated companies-
Shree Renuka Sugars Limited (India Associated Company)
Shree Renuka Sugars Limited ("Shree Renuka") is a direct 27.72% owned associated company of Wilmar Sugar Holdings Pte. Ltd. ("WSHPL"), which is in turn, a direct wholly-owned subsidiary of Wilmar. Following the allotment and issuance of 16,435,338 equity shares by Shree Renuka to Standard Chartered Bank in March 2017, the equity interest of WSHPL in Shree Renuka was diluted from 27.72% to 27.24%.
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Cosumar S.A. (Morocco Associated Company)
Cosumar S.A. ("Cosumar"), a company listed on the Casablanca Stock Exchange, is an indirect 30.262% owned associated company of Wilmar held through Wilmar Sugar Holdings Pte. Ltd. (27.5%) ("WSHPL"), a direct wholly-owned subsidiary of Wilmar and Wilmar Sugar Pte. Ltd. (3.58%), a direct 77.156% owned subsidiary of WSHPL. Following the increase in the total number of issued and paid-up shares of Cosumar from 41,910,570 to 41,994,286 via the issuance of 83,716 new Cosumar shares through the merger-absorption of Sucrafor S.A., a subsidiary of Cosumar in March 2017, Wilmar's indirect interest in Cosumar was diluted from 30.262% to 30.202%.
Cessation of subsidiaries -
Soldonella Company Limited (Hong Kong Subsidiary)
Further to Wilmar's announcement of 30 August 2016 on the commencement of members' voluntary liquidation of Soldonella Company Limited ("Soldonella"), Soldonella has been dissolved and ceased to be a subsidiary of Wilmar in March 2017.
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Wilmar PNG Plantations Ltd (Papua New Guinea Subsidiary)
Wilmar PNG Plantations Ltd, a direct wholly-owned subsidiary of Newbloom Pte. Ltd., which is in turn, a direct wholly-owned subsidiary of Wilmar, has been de-registered from the Register of Companies of Papua New Guinea and ceased to be a subsidiary of Wilmar in March 2017.
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Wilmar Consultancy Services Sdn Bhd (Malaysia subsidiary)
Wilmar Consultancy Services Sdn Bhd, a dormant wholly-owned subsidiary of Wilmar Consultancy Services Pte. Ltd., which is in turn, a direct wholly-owned subsidiary of Wilmar, has been struck off from the Register of Companies pursuant to Section 308 of the Malaysian Companies Act, 1965 in March 2017, and has accordingly ceased to be a subsidiary of Wilmar.
WILMAR INTERNATIONAL LIMITEDAnnouncement - Notification of changes to subsidiaries and associated companies (continued)
Change of name of subsidiary - Wilmar Continental Edible Oils & Fats (Pty) Ltd (South Africa Subsidiary)
Wilmar Continental Edible Oils & Fats (Pty) Ltd, an indirect 93.53% owned subsidiary of Wilmar, has changed its name to Wilmar SA (Pty) Ltd ("WSA") in February 2017. The principal activities of WSA, namely, oil seed crushing, edible oil refining, and manufacturing and distribution of oils and fats, remain unchanged.
Issued by WILMAR INTERNATIONAL LIMITED 30 March 2017Wilmar International Limited published this content on 30 March 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 30 March 2017 09:59:08 UTC.
Original documenthttp://media.corporate-ir.net/media_files/IROL/16/164878/annoucement/SGX Announcement_Notification of changes to WIL subs and asso cos_30 Mar....pdf
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