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Wilmar Agrees to Buy Adani's 31% of Adani Wilmar as Adani Exits
CONFIRMED88% CONFIDENCE1.7 years agoWilmar's release is dated 'Singapore, 30 December 2024' and Adani Enterprises says the parties 'entered into an agreement on 30 December 2024'; its media release reached NSE at 15:13 IST that day.[1]Wilmar's Lence Pte signs an option to buy up to 31.06% of Adani Wilmar from Adani Commodities at no more than Rs 305 a share, while Adani sells about 13% to the public, ending the Adani half of the Fortune joint venture.0.73Wilmar and TGI Group Merge Nigeria and Benin Food Businesses in 50:50 JV
CONFIRMED84% CONFIDENCE114 days agoThe release is datelined "Singapore, 2 June 2026" and Wilmar's SGX list stamps the announcement at 17:30 Singapore time.[1]Wilmar will pool its Nigerian and Beninese plantations, edible-oil and food businesses with TGI Group's brands and distribution in a Singapore-held 50:50 venture targeting a US$12 billion market.0.70Wilmar Signs Deal to Buy Up to 20% of AWL Agri Business From Adani
CONFIRMED88% CONFIDENCE1.2 years agoAWL's[1] disclosure dated 17 July 2025 says the option agreement 'has been terminated on 17 July 2025' and the parties 'have entered into a share purchase agreement (“SPA”) on 17 July 2025'; it reached NSE at 15:08 IST.Lence Pte agrees to buy between 11% and 20% of AWL Agri Business from Adani Commodities at Rs 275 a share, replacing the December option, while Adani places its other 10.42% with investors.₹71.5B0.70Wilmar Takes Control of AWL Agri Business With 13% Purchase From Adani
CONFIRMED87% CONFIDENCE309 days agoWilmar's announcement of 19 November 2025 (SGX stamp 12:17 SGT) says 'Lence has completed the acquisition of the Sale Shares. AWL is now an indirect 56.94%-owned subsidiary of Wilmar.'[1]Lence Pte completes its purchase of 168,958,219 AWL Agri Business shares from Adani Commodities at Rs 275 each, about Rs 46.5 billion, making the Fortune maker a 56.94%-owned Wilmar subsidiary.₹46.5B0.69Adani Sells 13.5% of Adani Wilmar in Rs 275-Floor Offer for Sale
CONFIRMED88% CONFIDENCE1.7 years agoThe seller's notice sets the offer 'on January 10, 2025 and January 13, 2025, from 9:15 a.m. to 3:30 p.m. (Indian Standard Time) on both days'.[1]Adani Commodities sells 175.6 million Adani Wilmar shares over two days on BSE and NSE, lifting public ownership to 25.3% as the first leg of the Adani Group's exit.₹48.5B0.67Wilmar FY2025 Net Profit Rises 21% to US$1.41 Billion
CONFIRMED90% CONFIDENCE210 days agoThe release is datelined "Singapore, February 26, 2026" and the SGX filing was broadcast at 17:19:59 Singapore time.[1]A US$1.14 billion gain from taking control of India's AWL Agri Business outweighed Indonesian compensation, Chinese legal provisions and a Pakistan write-down; the dividend was cut to S$0.14.0.66Adani Sells Last 7% of AWL Agri Business, Completing Its Exit
CONFIRMED85% CONFIDENCE307 days agoAdani Enterprises: 'on November 21, 2025 ACL has sold 90,977,502 equity shares representing 7.00% ... by way of a Bulk Deal mechanism on the floor of the stock exchange.'[1]Adani Commodities sells its final 90,977,502 AWL Agri Business shares in a bulk deal on the exchange floor, leaving Wilmar as the Fortune maker's only promoter group.0.66Wilmar AGM 2025: Kishore Mahbubani Retires as Lee Huay Leng Joins Board
CONFIRMED90% CONFIDENCE1.4 years agoThe minutes say the AGM commenced at 10.00 am on 22 April 2025 and the chairman "declared the AGM closed at 11.20am" (Singapore time).[1]Shareholders passed every resolution at Wilmar's Biopolis headquarters; in written answers before the meeting, the company told a shareholder urging Kuok Khoon Hong to quit as CEO that he would hand over to a good successor.0.65Wilmar Reports FY2026 Full-Year Results
ESTIMATED72% CONFIDENCEin 154 daysEstimated from the pattern: full-year results came on 21 Feb 2024, 20 Feb 2025 and 26 Feb 2026, each filed about 17:17-17:24 Singapore time after trading.[1]Wilmar's full-year 2026 results and final dividend are due after trading in late February 2027, the first full year with India's AWL Agri Business consolidated.0.65Aramco Agrees to Sell Its PRefChem Stake to PETRONAS
CONFIRMED86% CONFIDENCE122 days agoStated as firm, per petronas.com[4]: "KUALA LUMPUR, 25 May 2026 - PETRONAS announces that its subsidiary ... has signed an agreement to acquire the equity stake held by Saudi Arabian Oil Company"; Aramco's[1][2] own newsroom dates the joint announcement May 24, 2026.Aramco signed an agreement to transfer its stakes in the PRefChem refinery and petrochemical complex at Pengerang, Johor to PETRONAS, which will own and run it outright. Aramco committed $7 billion to the 300,000 b/d project in 2017; the sale comes as the Strait of Hormuz closure cut Saudi crude flows to Asia.0.65Adani Wilmar Agrees to Buy Tops Ketchup Maker GD Foods
CONFIRMED89% CONFIDENCE1.6 years ago'4th March 2025, Ahmedabad: Adani Wilmar Limited ... today announced the signing of a definitive agreement to acquire G.D. Foods'; the release reached NSE at 18:28 IST.[1]Adani Wilmar signs a definitive agreement for G.D. Foods, maker of Tops ketchup, sauces and pickles, taking 80% first at an enterprise value of Rs 603 crore and the rest over three years.₹6B0.65Indonesia Names Wilmar Group a Suspect in Palm Oil Export Graft Case
Kejaksaan Agung RI, Jalan Panglima Polim Raya, RW 07, Kramat Pela, Kebayoran Baru, South Jakarta, Special Capital Region of Jakarta, 12130, IndonesiaWilmar International
CONFIRMED88% CONFIDENCE3.3 years agoAntara, 15 June 2023: the AGO spokesman said on Thursday that investigators 'pada hari ini juga menetapkan tiga korporasi sebagai tersangka' (named the three corporations suspects today).[1]Prosecutors named Wilmar Group, Permata Hijau Group and Musim Mas Group corporate suspects, saying the final ruling against their executives showed the companies caused Rp 6.47 trillion in state losses.0.64
