Farming is one of the world’s oldest occupation and a vital one as it puts food on the table. Implemented on a large scale, agriculture becomes one of the primary industries that provide basic ingredients that are used to produce food in bulk and sold to retail consumers or farms as feedstock. With the mega trend of growing world population especially in Asia, agriculture is big business.
In SGX, we have one of the world’s largest agribusiness group with over 500 manufacturing plants and an extensive distribution network covering China, Indonesia, India and 50 other countries. It is none other than Wilmar International Limited (Wilmar), a Straits Times Index constituent and a company related to Robert Kuok.
Ticker Symbol: F34
Industry: Food, Beverage, and Tobacco
Market Capitalisation: S$ 20.56 billion
Wilmar’s business includes palm oil cultivation, oil seed crushing, edible oils refining, sugar milling and refining, …