Wilmar International Limited Announces Establishment of Subsidiary by Yihai Kerry Investments Co., Ltd., Hong Kong Oamic Investment Limited and Liaoning Aever Ingredient Co., Ltd
June 25, 2018 at 05:09 am EDT
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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.
Yihai Kerry Arawana Holdings Co., Ltd. specializes in the manufacture and marketing of food products, oils and food ingredients. The group offers edible and industrial animal and vegetable oils, edible fats, cereal products (rice, wheat, corn, soybeans, etc.), flour, noodles, animal feed, food additives, canned foods, etc.
Wilmar International Limited Announces Establishment of Subsidiary by Yihai Kerry Investments Co., Ltd., Hong Kong Oamic Investment Limited and Liaoning Aever Ingredient Co., Ltd