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Wilmar's YKA listing to help fund 19 investment projects in China

Amid overwhelming subscription of IPO shares, YKA now eyes "huge expansion" that will accelerate growth in China

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Wilmar says its Dahai Grain and Oil manufacturing plant is one that has a strategic location and integrated facilities which will keep costs low for the company.

Singapore

WILMAR International's China unit, Yihai Kerry Arawana (YKA), is expected to list on the Shenzhen Stock Exchange's ChiNext Board this month. With the money raised, the company is eyeing a "huge expansion of its agri-commodity processing and food product businesses".

"The...

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