WLMIF OTC

Wilmar International Limited, a Singapore-based agribusiness conglomerate, boasts a significant global footprint with extensive operations across Southeast Asia, China, India, Europe, Australia/New Zealand, and Africa. The company structures its diverse activities into four main segments: Food Products, Feed and Industrial Products, Plantation and Sugar Milling, and an 'Others' division. The Food Products segment encompasses the entire process from manufacturing and branding to distributing a wide array of edible goods. This includes vegetable oils derived from palm and other oilseeds, sugar, flour, rice, noodle varieties, specialty fats, snacks, bakery items, and dairy products. Conversely, the Feed and Industrial Products segment focuses on processing, merchandising, and distributing non-edible commodities. This portfolio features animal feeds, non-food grade palm and lauric derivatives, various agricultural commodities, oleochemicals, gas oil, and biodiesel. The Plantation and Sugar Milling segment is dedicated to the cultivation and subsequent processing (milling) of both palm oil and sugarcane. Finally, the 'Others' segment provides crucial supporting services, specifically in logistics and jetty port management. As of December 31, 2021, Wilmar demonstrated its substantial agricultural presence by owning 230,480 hectares of oil palm plantations spread across Indonesia, Malaysia, and Africa. The company, originally established in 1991, was initially known as Ezyhealth Asia Pacific Ltd before officially changing its name to Wilmar International Limited in July 2006.