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WLMIY Wilmar International Ltd (PK)

23.20
0.084 (0.36%)
05 Jul 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Wilmar International Ltd (PK) USOTC:WLMIY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.084 0.36% 23.20 22.85 23.67 23.20 22.85 23.12 12,945 21:01:13

Kellogg, Wilmar International Form China Cereal, Snacks JV

24/09/2012 12:18pm

Dow Jones News


Wilmar (PK) (USOTC:WLMIY)
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From Jul 2019 to Jul 2024

Click Here for more Wilmar (PK) Charts.
   By Gaurav Raghuvanshi 
 

SINGAPORE--Kellogg Co. (K) and Wilmar International Ltd. (F34.SG) said Monday they set up a 50:50 joint venture in China to produce and sell cereal and snacks.

Wilmar will contribute its infrastructure, supply chain and distribution network in China to the Shanghai-based venture, while Kellogg will bring a portfolio of globally recognized brands and products, Singapore-based Wilmar said in a statement, without giving any financial details of the joint venture.

Wilmar's China subsidiary, Yihai Kerry Investments Co., will participate in the joint venture, the Singapore-listed commodities supplier said in the statement.

Write to Gaurav Raghuvanshi at gaurav.raghuvanshi@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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