Issued S$250,000,000 of 3.50% 5-year Notes and S$100,000,000 of 4.10% 7-year Notes
Formed strategic partnership with Archer Daniels Midland Company (ADM) in tropical oils refining in Europe, global fertiliser purchasing and distribution, and global ocean freight operations. Launched Olenex CV. headquartered in Rolle, Switzerland to handle the sales and marketing of refined vegetable oils and fats to European Area and Switzerland.
Established a 50:50 joint venture company, Yihai Kerry Kellogg Foods (Shanghai) Company Ltd, with Kellogg Company for the manufacture, sale and distribution of breakfast cereals and savoury snacks in China
Formed a 50:50 Joint Venture with Clariant Ltd for production and sales of amines and selected amines derivatives
Acquired approximately 30,000 hectares of land in Nigeria for expansion of oil palm plantations
Establishment of Dongguan Yihai Kerry Syral Starch Technology Co., Ltd, a 51:49 joint venture between Yihai Kerry Investments Co., Ltd, an indirect wholly-owned subsidiary of Wilmar, and Syral China Investment, a wholly-owned subsidiary of Tereos Internacional, part of the French cooperative agro-industrial group Tereos. The principal activities of DYKSS will be the development, promotion, marketing, manufacturing and sale in China and export from China of wheat starch and derivatives (including sweeteners), and wheat gluten.