Wilmar International Ltd #143

Created
2013-02-15
Last update
2023-07-26
Name
Wilmar International Ltd
Country of registration/origin
Singapore
Classification
Stock-exchange listed company
Opencorporates link
Comment
Shareholders and banks are the most important financial stakeholders of Wilmar International. Shareholders finance 35.6 percent of the Wilmar’s assets. A large amount of the shares of the company are held by a few major shareholders, including the Kuok Group and the American commodity trader Archer Daniel Midlands,which holds 18.1 percent of the shares in Wilmar through its wholly owned subsidiaries ADM Asia Pacific, ADM Ag Holding and Global Cocoa Holdings. Its founder and CEO Kuok Khoon Hong owns 12.56% of the company's shares. Other major investors in Wilmar International include the investment management firms BlackRock, Vanguard, T. Rowe Price and Van Eck Associates. At the end of 2014, bank loans financed 50.4 percent of Wilmar’s assets, largely through short-term trading loans.