Wilmar International Limited’s (the “Company”) wholly-owned
subsidiary, Wilmar Trading Pte Ltd, has entered into a sale
and purchase agreement to acquire the business of a Singapore
sugar trading company, Windsor & Brook Trading Pte
This acquisition is in line with Wilmar International Limited’s
plans to expand into the sugar business, the Company said.
The Company expects the transaction to be completed later in
the fourth quarter of this year, subject to certain customary
To be funded through internal sources of funds and bank
borrowings, the acquisition is not expected to have a significant
impact on the Company’s financial position.