Singapore’s Wilmar Unit to Raise $2 Billion in China IPO


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Singapore's Wilmar Unit to Raise $2 Billion in China IPO By Reuters , Wire Service Content Sept. 23, 2020 By Reuters , Wire Service Content Sept. 23, 2020, at 8:28 p.m. FILE PHOTO: A woman passes the Wilmar headquarters (56) in Singapore May 12, 2017. REUTERS/Edgar Su Reuters SINGAPORE (Reuters) - Singapore agribusiness Wilmar International said on Thursday its China business, Yihai Kerry Arawana (YKA), was set to raise 13.9 billion yuan ($2.06 billion) in its proposed initial pubic offering. The issue price for the proposed listing was set at 25.70 yuan per YKA share, Wilmar said in a statement....