Wilmar International - Asiens größtes Agrobusiness - 500 Beiträge pro Seite

[R-BgO]

Wilmar's Q1 net profit up 5.6% to US$401.4m on stronger demand
By Mok Fei Fei | Posted: 12 May 2010 1255 hrs


SINGAPORE : Mainboard-listed Wilmar International said on Wednesday its first quarter net profit rose 5.6 per cent on-year to US$401.4 million.

Revenue for the three months to March increased 36 per cent to US$6.8 billion due to robust growth in overall sales volume as a result of stronger demand and higher average selling prices.

But Wilmar also saw higher expenditures.

Its selling and distribution expenses rose 26.7 per cent to US$263.9 million on the back of higher freight and transportation costs.

Also, administrative costs went up by 43.2 per cent to US$90.1 million due to higher personnel expenses from increased headcount for its expanded operation.

Still, Wilmar said it performed "reasonably well in the first three months of the year, underpinned by its integrated business model and favourable market positioning".

Going forward, it noted that while the global economic recovery is gaining momentum, it was also seeing credit tightening in some countries.

Nevertheless, Wilmar is positive on the prospects of Asian economies, especially China, India and Indonesia.

It will continue to leverage on its well-established presence in those markets for growth.

[Bakrieboy]

Wilmar Shares Fall on Reports of Tax Probe

Wilmar International Ltd., the world’s biggest palm-oil trader, fell by the most in 18 months in Singapore trading after reports that its parent was being investigated in Indonesia.

The parent faces a probe for possible tax fraud involving as much Rp 3.6 trillion, media outlets, including the Jakarta Globe, reported on Tuesday, citing documents provided by lawmaker Bambang Soesatyo.

Wilmar said the tax claims by media reports, which it did not identify, were “untrue and unsubstantiated.”

“This is likely a misunderstanding between Wilmar and the tax authorities,” Credit Suisse Group AG analyst Tan Ting Min wrote in a report today. “We believe that Wilmar’s share price will underperform until the issue is cleared up, which could take months.” Tan downgraded the stock to “underperform” from “neutral.”

Wilmar fell as much as 8.7 percent, the worst drop since November 2008, to S$5.65, and traded at S$5.80 at 10:59 a.m. in Singapore. The decline of Singapore’s second-largest stock by market value helped dragged the benchmark index down 1.7 percent.

“The company is fully confident that its subsidiaries are and have at all times been in full compliance with all relevant Indonesian value-added tax laws,” Wilmar said in a statement yesterday to the Singapore exchange.

Its units exported more than $3 billion worth of palm oil in the last three fiscal years, entitling them to claim 10 percent value-added tax paid on the cost of the sales, it said.

Wilmar is the largest exporter of palm oil from Indonesia. The company is also the biggest provider of cooking oil in China, with the nation accounting for 55 percent of sales last year.

“What is more detrimental is the reputational damage to the group,” an AmResearch Sdn. report said. “We wonder if the Chinese government would start scrutinizing Wilmar’s tax payments and accounts due to the allegations in Indonesia.”

CIMB Investment Bank Bhd. analyst Ivy Ng cut her 12-month target to S$7.85 from S$8.40 “to account for potential weak near-term sentiment” and as the earnings forecast could be reduced by 22 percent in the “worst-case scenario of the company returning $385 million to the government for tax refunds received in the past three years.

[Bakrieboy]

Wilmar Continues to Reject Indonesian Allegations

Wilmar International Limited has continued to reject allegations leveled by an Indonesian legislator that the company was involved in collusion and fraud with the Directorate General of Taxation involving hundreds of millions of dollars of value-added tax restitution.

In a statement obtained by the Jakarta Globe on Wednesday, the company said value-added tax is typically payable for domestic purchases and “restitution of value-added tax payments arises out of refunds for exports and palm oil out of Indonesia.”

The statement, also posted on the company’s Web site, said Wilmar’s Indonesian subsidiaries are collectively the biggest exporters of Indonesian palm oil.

“These subsidiaries collectively exported more than US$3 billion worth of palm oil in each of the last three financial years, thereby entitling these subsidiaries to claim the 10 percent value-added tax paid on the cost of these sales for each of those years,” it said.

“These subsidiaries have received restitution of varying amounts over the years, which correspond directly with the actual quantum of cost of export sales, consistent with the permissible amounts claimable under Indonesian value-added tax laws.”

The statement said the company’s subsidiaries have fully complied with such value-added tax laws and were in full compliance with the related procedures.

It maintains that the company is “fully confident that its subsidiaries are and have at all times been in full compliance with all relevant Indonesian value-added tax laws.”

“The Company categorically denies the allegations that the value-added tax restitution claims are questionable and fictitious, and further categorically denies any allegation of collusion with tax officials referred to in those reports which the Company hereby states are completely untrue and unsubstantiated.”

Wilmar International Ltd., the world’s biggest palm-oil trader, fell by the most in 18 months in Singapore trading after reports that its parent was being investigated in Indonesia.

The parent faces a probe for possible tax fraud involving as much Rp 3.6 trillion, media outlets, including the Jakarta Globe, reported on Tuesday, citing documents provided by Golkar Party lawmaker Bambang Soesatyo.

[R-BgO]

ANNOUNCEMENT
Acquisition of Benso Oil Palm Plantation Ltd (“BOPP”) and other assets in Ghana by Wilmar
Africa Limited
Wilmar International Limited (the “Company”) has, through Wilmar Africa Limited, a wholly owned
subsidiary of the Company incorporated in Ghana, Africa, (“Wilmar Africa”), informed the Board of
Directors of Benso Oil Palm Plantation Ltd (“BOPP”) of its firm intention to make an offer to acquire at
least 58.45% of the entire issued ordinary share capital of BOPP (the “Proposed Offer”).
Unilever Ghana Limited, which holds in aggregate 58.45% of the issued share capital of BOPP, has
provided the Company with a written irrevocable undertaking to accept the Proposed Offer in respect
of its BOPP shares. BOPP is listed on the Ghana Stock Exchange. BOPP grows oil palm and
processes palm fruits in Ghana. It produces palm oil and palm kernel. It is located at Adum-Banso in
the western region of Ghana.
The offer for BOPP shares will trigger a mandatory obligation by Wilmar Africa to make the same offer
to all the other shareholders of BOPP for the remainder of the BOPP shares not held by Unilever
Ghana Limited. The Proposed Offer is subject to the fulfilment or waiver of certain conditions and will
be implemented by way of a general offer under the Ghanaian Securities and Exchange Commission
Code on Takeovers and Mergers.
The Proposed Offer will be for an aggregate consideration equal to GH¢0.83 (zero point eight-three
Ghanaian Cedis) per BOPP Share. Total number of BOPP issued shares is 34.8 million shares.
Wilmar Africa has also entered into an agreement with Unilever Ghana Limited to acquire the “Frytol”
cooking oil brand and its oil processing activities in Ghana.
The Company has a long term commitment to growing its presence in West Africa. It currently owns
oil palm plantations in Africa through its joint ventures in Uganda and Ivory Coast. The proposed
acquisition of BOPP and Unilever Ghana Limited’s “Frytol” cooking brand and its oil processing
activities in Ghana are consistent with the Company’s plans to develop a fully integrated oil palm
business, from plantation development to the distribution of high quality refined edible oils in Ghana
and in the African sub-region.
The above transactions are not expected to have any material impact on the Company for the
financial year ending 31 December 2010. None of the directors or substantial shareholders of the
Company has any direct or indirect interest in the above transactions.
Issued by
WILMAR INTERNATIONAL LIMITED
27 May 2010

[R-BgO]

Wilmar acquires Sucrogen for US$1.47b
By Mok Fei Fei | Posted: 05 July 2010 1257 hrs



SINGAPORE: Mainboard-listed commodities firm, Wilmar, is making a big push into the sugar sector.

It said on Monday that it's buying CSR's Sucrogen unit, an Australian sugar and renewable energy business, for US$1.47 billion.

The money comprises US$1.13 billion in equity and US$339 million of net debt.

Wilmar's offer is six per cent higher than a US$1.39 billion conditional bid made last week by China's Bright Food.

Sucrogen is the largest Australian raw sugar producer.

It is also the second largest exporter of raw sugar globally and a leading exporter to the Asia region.

Wilmar said there are strong fundamentals behind its move into the sugar business.

It said demand is expected to increase substantially in the future due to rising affluence and a corresponding increase in per capita consumption.

Wilmar added that it intends to build a significant sugar business.

It said the acquisition of Sucrogen will jump-start this strategy to expand into sugar.

Completion of the transaction is expected to take place around September 30 or shortly thereafter.

The deal is subject to approval from Australia's Foreign Investment Review Board and New Zealand's Overseas Investment Office.

Wilmar said funding for the acquisition will be from internal sources of funds and bank borrowings. - CNA/vm

[R-BgO]

WILMAR INTERNATIONAL LIMITED ACQUIRES REMAINING 8.62% OF NATURAL
OLEOCHEMICALS SDN BHD
Introduction
Singapore, August 26 ,2010 – Further to the announcement dated 21 July 2010 issued by Wilmar
International Limited (“Wilmar” or the “Company”) on the acquisition of a 91.38% interest in Natural
Oleochemicals Sdn Bhd (“Natoleo”) from Kulim (Malaysia) Berhad (“Kulim”), Wilmar wishes to
announce that its 100% subsidiary PGEO Group Sdn. Bhd (“PGEO”) has entered into a sale and
purchase agreement dated 26 August 2010 (“Agreement”) to acquire the remaining 8.62% of Natoleo
from National Land Finance Co-operative Society Limited, for a cash consideration of Malaysian
Ringgit 42,452,830 or RM2.41 per share, which is the same price per share to be paid by the Company
for its acquisition of the 91.38% interest in Natoleo from Kulim.
Completion of the acquisition of the remaining 8.62% of Natoleo (“Completion”) is expected to take
place no later than 90 days from the date of the Agreement, and is subject to certain conditions
including regulatory approvals from the Ministry of International Trade and Industry, Malaysia and the
acquisition of the 91.38% interest in Natoleo from Kulim having been rendered unconditional and
completed.
Funding for this acquisition will be from internal sources of funds and bank borrowings.
Background on Natoleo
Based in Pasir Gudang, Johor, Natoleo is one of the world’s largest oleochemicals producers with
significant market share in Europe and Asia and a growing presence in USA. Natoleo enjoys a
reputation for industry-leading technical and operational know-how and its large, high quality client list
includes many of the world’s leading multi-national corporations.
Natoleo’s main feedstocks are crude palm kernel oil and palm stearin. Its products such as glycerine,
soap noodles, fatty acids, and esters are widely used in diverse industries such as detergents, home
care, cosmetics and toiletries, plastics, pulp and paper, pharmaceuticals, food additives, grease and
lubricants, paints and coatings, rubber and latex and polyolefins.

[R-BgO]

Theindonesiatoday.com - Wilmar Africa Limited, a subsidiary of Wilmar International Ltd, has completed the acquisition of Frytol cooking oil brand and the oil processing activities of Unilever Ghana Limited.

But Wilmar told SGX that the acquisition of entire issued ordinary shares of Benso Oil Palm Plantation Ltd, a company listed on the Ghana Stock Exchange, is still pending approval by the Securities and Exchange Commission of Ghana.

The timetable for approval from the SEC has lapsed as a result of a court case in the Ghanaian court which prevents the transaction from proceeding. In the circumstances, Wilmar Africa will have to wait for the determination by the Ghanaian court before the transaction can proceed.

Unilever Ghana Limited, which holds in aggregate 58.45% of the issued share capital of BOPP, has provided the Company with a written irrevocable undertaking to accept the Proposed Offer in respect of its BOPP shares. BOPP is listed on the Ghana Stock Exchange. BOPP grows oil palm and processes palm fruits in Ghana. It produces palm oil and palm kernel. It is located at Adum-Banso in the western region of Ghana.

The offer for BOPP shares will trigger a mandatory obligation by Wilmar Africa to make the same offer to all the other shareholders of BOPP for the remainder of the BOPP shares not held by Unilever Ghana Limited. (Theindonesiatoday.com)

[R-BgO]

Zahlen kommen am 23.2.

[R-BgO]

NEWS RELEASE - Signing of Documentation for US$1,500 Million Syndicated Facilities
Description Wilmar International Limited ("Wilmar") is pleased to announce that the documentation for the
US$1,500 million syndicated revolving credit facilities (the "Facilities") referred to in Wilmar's
News Release of 5 April 2011 has been signed. The Facilities granted to Wii Pte Ltd,
a wholly-owned subsidiary of Wilmar, comprise 3 tranches with tenors of 1, 2 and 3 years and are
guaranteed by Wilmar. The Facilities will be used to finance the general corporate and
working capital requirements of the Wilmar Group.

The Facilities are fully underwritten by BNP Paribas, Citibank, N.A., Singapore Branch, DBS Bank Ltd., The Hongkong and Shanghai Banking Corporation Limited, Oversea-Chinese Banking Corporation Limited and Sumitomo Mitsui Banking Corporation. The Mandated Lead Arrangers and Bookrunners in relation to the Facilities are BNP Paribas, Citigroup Global Markets Singapore Pte Ltd, DBS Bank Ltd., The Hongkong and Shanghai Banking Corporation Limited, Oversea-Chinese Banking Corporation Limited and Sumitomo Mitsui Banking Corporation.


Issued by
Wilmar International Limited
12 April 2011

[microby]

Wilmar hat blutige Hände! Wilmar lässt Menschen mit Gewalt vertreiben und auf Menschen schießen!! um den Regenwald abzuholzen.

Die Deutsche Bank hat das blutige Geschäft von Wilmar zum Glück schon erkannt und hat deren Aktien verkauft.

http://www.robinwood.de/Newsdetails.13+M5569812380f.0.html



Und Unilever macht aus dem blutigen Palmöl Margarine.

https://www.regenwald.org/mailalert/747/rama-die-blutige-mar…

[Bakrieboy]

Antwort auf Beitrag Nr.: 41.978.156 von microby am 19.08.11 19:59:12

Naja, Wilmar gehört halt zur Sinar Mas Gruppe. Im Grunde könnten die locker ein Global Player im Papierhandel sein, allerdings wie du schon sagst, es ist eine Firma, die wirklich nicht wenige Gegner hat(und zu Recht). Man merkt das auch, wenn man sich mal mit lokalen Händlern über die Sinar Mas Gruppe unterhält, da halten viele nicht viel davon. Es wird angeblich versucht, dass ruinierte Image aufzuarbeiten, da selbst US-Firmen nicht mehr mit Sinar Mas zusammenarbeiten wollen, aber wie weit diese Fortschritte gediehen sind ist schwer zu sagen. Was allerdings sicherlich in dem Zusammenhang interessant ist, ist das Greenpeace selbst scheinbar auch einigen Dreck am Stecken hat, zumindest im Zusammenhang mit dem profitieren von Abholzungen vor Ort(da gab oder gibt es Ermittlungen in diese Richtung).

[R-BgO]

http://www.wilmar-international.com/news/press_releases/SGX%…

[DJHLS]

Antwort auf Beitrag Nr.: 41.978.156 von microby am 19.08.11 19:59:12

Na ja, dass die Planter nicht mit Wattebäuschen werfen und jeden zu einem Planter's Punch einladen, versteht sich von selbst. Ärgerlich finde ich eher, dass Wilmars Performance hinter der von Golden Agri, der von New Beitain Palm Oil oder anderen zurück bleibt.

[DJHLS]

Herbe Enttäuschung bei den Quartalszahlen: http://www.wilmar-international.com/news/press_releases/SGX%…

Net profit: -70.2% gegenüber dem Vorjahresquartal

[DJHLS]

Aktienrückkauf zu 3,20 Singapur-Dollar durch Wilmar. Das treibt den Kurs wieder nach oben.

[DJHLS]

Antwort auf Beitrag Nr.: 41.978.156 von microby am 19.08.11 19:59:12

Das sind doch haltlose Anschuldigungen von selbstgerechten Profilneurotikern. Die örtliche Bevölkerung wird immer gegen ausländische Investoren sein.

Wenn Wilmar angeblich illegale Plantagen betreibt, warum schreitet Indonesien dann nicht ein?

Die Spinner von RobinWood würden lieber die halbe Menschheit verhungern lassen, als an ihren Dogmen zu rütteln...

[R-BgO]

WILMAR ACQUIRES STRATEGIC 27.5% STAKE IN COSUMAR S.A.

Singapore, 16 April 2013 – Wilmar International Limited (“Wilmar” or “the Company”)
wishes to announce that it has acquired from Societe Nationale d’Investissement
(“SNI”) a 27.5% equity stake in Cosumar S.A. (“Cosumar”) , a company listed on the
Casablanca Stock Exchange, for an aggregate cash consideration of MAD2.3 billion
(approximately USD263 million).

Subsequent to this transaction, a block of up to
26.5% will be sold by SNI to a consortium of Moroccan institutional investors, who
together with Wilmar will constitute a strategic 54% controlling block in Cosumar.

Funding for this acquisition will be from internal sources and bank borrowings. The
acquisition is not expected to have a material impact on the consolidated net tangible
assets and earnings per share of the Wilmar Group for the current financial year
ending 31 December 2013.

Background on Cosumar
Based in Casablanca, Cosumar is the sole sugar supplier in Morocco. It is also the
third largest sugar producer in Africa, with ownership of one of the largest refineries
in the world, as well as seven beet and cane sugar mills situated in five regions in
Morocco.

Investment Rationale
A unique asset in a stable investment climate: Morocco is an attractive
investment destination with a stable and resilient economy, and a regulated sugar
industry that offers steady growth.

...

[DJHLS]

Und nun (na ja; Meldung im Mai) kommt Wilmar mit einer Öl-Verarbeitungsfabrik auch noch nach Deutschland: http://www.bloomberg.com/news/2011-05-09/wilmar-expands-in-e…

[DJHLS]

Eine gewisse Erholung hat eingesetzt, aber die Palmölpreise sind immer noch am Boden. Langfristig sollte das für die Branchenschwergewichte wie Wilmar gar nicht schlecht sein. So eine Marktbereinigung verhindert das Entstehen von Überkapazitäten.

[DJHLS]

Wilmar ist nicht gerade eine Erfolgsgeschichte, aber auch keine Katastrophe. Stabiles Geschäftsmodell und langfristig sollte das funktionieren.

[DJHLS]

Wäre da nicht der hohe Spread an der Frankfurter Börse, hätte ich schon gerne noch etwas nachgekauft.

Die Aktie leidet wie die Branche unter dem niedrigen Preis für Palmöl und Palmölprodukte, aber das ist zyklisch. Der wird auch wieder steigen.

[DJHLS]

Diversifikation durch den Ausbau des Nahrungsmittelsgeschäfts erfolgreich: http://www.thejakartaglobe.com/business/first-pacific-wilmar…

Goldman Fielder ist ein dicker Brocken, aber dadurch dass Wilmar als 50% Partner mit First Pacific zusammen kauft, ist das finanziell machbar und es ist für die Börse ein guter Indikator, dass nicht nur Wilmar, sondern auch First Pacific den Kaufpreis als günstig einschätzt.

Wilmar wird jetzt noch unabhängiger von den bisherigen Großkunden, weil sie ihr Palmöl nun zu einem noch größeren Teil selbst verarbeiten können und dann Nahrungsmittel mit gut eingeführten Marken in die Supermarktregale bringen können.

[DJHLS]

Da fehlte noch der Link: http://www.thejakartaglobe.com/business/first-pacific-wilmar…

[DJHLS]

Der Ölpreis von über 100 USD müßte auf Dauer auch den Palmölpreis hochziehen, weil Palmöl für die Spritproduktion als Substitutionsrohstoff verwendet werden kann. Zufrieden bin ich mit der bisherigen Entwicklung des Aktienkurses nicht, aber das ist eine Position die man dauerhaft stehen lassen kann und soll.

[goetz12]

Antwort auf Beitrag Nr.: 47.123.908 von DJHLS am 08.06.14 19:51:12

Stehen lassen? Kann? Soll? Muss man!

[R-BgO]

einer der zähesten Werte in meinem Portfolio

[R-BgO]

Antwort auf Beitrag Nr.: 52.016.720 von R-BgO am 19.03.16 10:30:29

immer noch

[R-BgO]

inzwischen echt günstig geworden

[R-BgO]

aufgestockt

[goetz12]

Antwort auf Beitrag Nr.: 57.706.765 von R-BgO am 07.05.18 09:25:49

Virtuell oder reell?

[R-BgO]

Antwort auf Beitrag Nr.: 58.386.066 von goetz12 am 06.08.18 19:54:01

natürlich real,

virtuell bringt bei mir nichts;

timing war wie üblich schlecht

KGV aktuell 13,4

[goetz12]

Antwort auf Beitrag Nr.: 60.188.621 von R-BgO am 25.03.19 14:10:06

Na, jetzt bewegt sie sich doch.