Wilmar International Limited announced the establishment of subsidiaries. Wilmar (Panjin) Vanillin Co., Ltd. (China Subsidiary) (‘Wilmar Panjin’) is a direct 51% owned subsidiary of Yihai Kerry Investments Co., Ltd. The remaining 49% of the registered capital of Wilmar Panjin is held by Hong Kong Oamic Investment Limited (45%) and Liaoning Aever Ingredient Co., Ltd. (4%), parties not related to Wilmar. Wilmar Panjin has a registered capital of RMB 30 million. Wilmar Panjin will engage in the production of vanillin.