Agribusiness
Wilmar unit YKA expects 15-30% profit growth in 9M 2020
It has submitted for the final registration approval for its Shenzhen IPO.
Wilmar unit YKA expects 15-30% profit growth in 9M 2020
It has submitted for the final registration approval for its Shenzhen IPO.
Wilmar unit YKA gets green light for Shenzhen IPO
It now seeks the final registration approval from the China Securities Regulatory Commission.
Wilmar's YKA may reach $19.7b valuation in IPO: analyst
YKA is currently backed by strong investor interest, which jacked up its IPO target.
Olam secures $522.49m European revolving credit facility
The facility has a 364-day tenor and is guaranteed by the firm.
Halcyon Agri to issue new ordinary shares at $0.22 apiece
This will be done on the basis of one rights share for every two existing ordinary shares.
Singapore, France assure intact supply chain between markets
They aim to ensure that transport and delivery links remain open, including via air and sea freight.
First Resources posts US$22 million first quarter profit
The Indonesia-based plantation operator's strong start to the year is unlikley to be repeated in Q2.
Olam's PATMI grew 6.1% to $179.1m in Q1
It was thanks to gains from selling their stake in Far East Agri.
Golden Agri-Resources sinks to $135m net loss in Q1
Its earnings shrank following the new crude palm oil export tax and levy.
Optimistic times ahead for Wilmar: analyst
Consumer products and its HORECA operations are tipped to improve in Q2.
Wilmar's core net profit up 22.5% to $435.19m in Q1
It came on the back of strong performances from consumer products.
Olam breaks off $156m deal on US onion and garlic facility
Mesirow has been unable to secure the required debt and equity financing.
Olam secures $249.09m term loan from IFC and JICA
Proceeds will be used for the procurement of specific agri-commodities.
Japfa sells 25% stake in AustAsia to Meiji for $362.97m
The agri-firm will own a 75% stake in its dairy farm operator.
Wilmar establishes four subsidiaries across Asia
Its new China unit will have a registered capital of $61.22m.
Olam completes stake sale in Indonesian JV for $123.03m
After final adjustments, the total consideration for the deal was $119.44m (US$82.5m).
Jardine Matheson Holdings' 2019 profits up 65% to $3.93b
Hongkong Land contributed $1.5b to the group’s total underlying profit.
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