Home THE DAILY EDGE Business Singapore’s Wilmar says HK IPO plans off
Singapore’s Wilmar says HK IPO plans off

Tags: Wilmar International

Written by Reuters   
Monday, 01 February 2010 13:08
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Wilmar International (WLIL.SI), the world's largest listed palm oil firm, said it has no current plans to list on the Hong Kong stock exchange after a current listing application lapsed. 
 
Wilmar had planned to raise as much as US$3.5 billion ($4.9 billion)in a Hong Kong listing of its China unit last year, sources said, which was delayed due to its concern over valuations. 
 
“The company has no current intention to submit a fresh listing application to the HKEX for the listing of Wilmar China,” it said in a statement. 
 
 

 

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Singapore’s Wilmar says HK IPO plans off
Monday, 01 February 2010

Last Updated on Monday, 01 February 2010 13:09