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Yihai Kerry Arawana’s estimated market capitalisation post IPO = ¥138.7 billion or S$27.38 billion Wilmar’s current market capitalisation = S$26.25 billion 89.99% of Yihai Kerry Arawana’s market capitalisation = S$24.64 billion In Indonesia, Wilmar Group company conducts bird of prey conservation in Kalimantan. The subsidiary, 99.99% owned by Wilmar, is called Yihai Kerry Arawana Holdings Co. This could raise our Target Price for Wilmar to as high as S$5.54 per share. Wilmar to Lists Yihai Kerry Arawana Shares in China, Morning Briefing: Various Things to Know on Thursday, Salim Group Prepares Capex US$956M, Expands Vegetable Refinery, Indonesia Set the Coal Price US$84.49 a MT in March, Indonesian Steel Imports Drops 34%, Production Jumped 30% in 2020, Indonesia’s Waskita Toll Road Sold 20% Unit Shares for US$105M, Indonesia’s SiCepat Raises Series B Funding US$170M, Indonesia’s Forex Reserves US$138.8B in February, Indonesia’s PLN Prepares Funds US$5.5B to Expand the Business. The Insider Stories offer insight on Indonesia's economy. How has Yihai Kerry Arawana Holdings's share price performed over time and what events caused price changes? View the latest Yihai Kerry Arawana Holdings Co. Ltd. A (300999) stock price, news, historical charts, analyst ratings and financial information from WSJ. We are the bridge that connects investors, the business community and policymakers. “Our Chinese subsidiary, Yihai Kerry Arawana, has obtained listing clearance from the Shenzhen Stock Exchange committee and has submitted the updated prospectus to the China Securities Regulatory Commission for final registration approval for listing,” said Kuok Khoon Hong, chairman and CEO of Wilmar on Sept. 15. Currency in CNY Add to watchlist 89.50-1.40 (-1.54%) At close: 4:29PM CST … 2020-10-30 17:30:00 Financial Statements. View 300999.CN financial statements in full. Food Firm Yihai Kerry Sets Biggest Target in ChiNext Pilot's First IPO Group (Yicai Global) June 23 -- Chinese food company Yihai Kerry Arawana Holdings is looking to raise the largest amount of money among the first group of 32 firms that have been accepted to go public on the ChiNext since the board started its registration-based system pilot. Yihai Kerry Arawana Holdings. It sells edible oil, among other businesses. The ‘ARAWANA’ brand, founded in China, finally sets sail today. Commodities, Stocks Tuesday, 13 August 2019 22:50:18. Separately, Wilmar on Tuesday afternoon said its 99.99 per cent-owned subsidiary, Yihai Kerry Arawana Holdings Co (YKA), has submitted an updated prospectus to the Shenzhen Stock Exchange for its review and approval. The ‘ARAWANA’ brand, founded in China, finally sets sail today. Separately, Wilmar on Tuesday afternoon said its 99.99 per cent-owned subsidiary, Yihai Kerry Arawana Holdings Co (YKA), has submitted an updated prospectus to the Shenzhen Stock Exchange for its review and approval. Potential Valuations for Yihai Kerry Arawana. Financial Results of Yihai Kerry Arawana Holdings Co., Ltd. for the 9 months ended 30 September 2020. Total fresh fruit bunches production for 1H of 2020 increased by 0.5 percent to 1.91 million MT from 1.90 million MT in the same period of last year. The consumer products sales also improved by 29 percent to 4.7 million metric tonnes (MT) from last year 3.7 million MT while medium pack and bulk sales decreased by 7 percent to 7.5 million MT fro 2019 at 8.1 million MT. There is no English version of the prospectus. In this listing, Yihai Kerry Golden Arowana (stock abbreviation: Golden Arowana, stock code: 300999) issued more than 542 million shares at an issue … Analysts anticipate that the listing will unlock the value of the Chinese unit, producing a possible special Wilmar and Yihai Kerry are looking for collaboration opportunities with international distributors. Wilmar International’s 99.99% owned subsidiary Yihai Kerry Arawana Holdings (YKA) could be valued at $19.7b after it gets listed in the Shenzhen Stock Exchange, according to an analyst note from DBS Group Research. Wilmar announced that Yihai Kerry Arawana Holdings Co., Ltd (YKA), a 99.99% owned subsidiary, submitted its IPO application to the China Securities Regulatory Commission (CSRC) for its proposed listing on the Shenzhen Overall volume for these segment increased by 10 percent to 26.3 million MT in 1H of 2020 from 1H of 2019 about 24.1 million MT. This resulted in strong crush margins and volume during the period. Written by Editorial Staff, Email: theinsiderstories@gmail.com. YIHAI KERRY ARAWANA HOLDINGS CO., LTD : Veränderung des Consensus und Kursziel der Analysten der Aktie YIHAI KERRY ARAWANA HOLDINGS CO., LTD | CNE1000048D3 | … We are surprise by Wilmar’s plan to list Yihai Kerry Arawana as has the intention to China 2017. YIHAI Kerry Arawana (YKA), the Chinese unit of Wilmar International that is pursuing an initial public offering (IPO), expects to post a profit of between four billion yuan (S$788 million) and 4.6 billion yuan for the nine months ended September (9M FY2020). (i) an update on the proposed listing of Yihai Kerry Arawana Holdings Co., Ltd (“YKA”), a 99.99%-owned subsidiary of Wilmar, incorporated in the People’s Republic of China, on the Shenzhen Stock Exchange ChiNext Board (the “Proposed Listing”); and Yihai Kerry Arawana's listing falling through is a key risk to our call. The net IPO proceeds are for the purpose of funding Yihai Kerry Arawana’s capital expenditure requirements. Yihai Kerry Arawana posted net profit after MI of RMB5.13bn (US$769m) in 2018 and RMB0.87bn (US$129.9m) in 1Q19, according to its prospectus. Yihai Kerry Arawana currently operates more than 70 production bases in China producing cooking oil to rice, flour, diary and other ingredients. Latest Share Price and Events Stable Share Price : 300999 is more volatile than 90% of CN stocks over the past 3 months, typically moving +/- 12% a week. Hong stated, “The Group has produced a resilient set of results for 1H of 2020 amidst the pandemic. #China's Evergreen has signed a strategic cooperation agreement with Yihai Kerry Arawana, a big foodservice group, to develop a hub in the latter's new central kitchen and logistics center: The Proposed IPO to unlock shareholder Wilmar. The figure would be a record for the Shenzhen ChiNext Board where it plans to list. We are positive on this as the group appears on track to list Yihai Kerry Arawana by 4Q19F. (Yicai Global) Nov. 19 -- Chinese food producer Yihai Kerry Arawana Holdings is putting the record sums raised last month from its initial public offering in Shenzhen to good use, and is to invest CNY8 billion (USD1.2 billion) in grain and oil processing plants and a logistics project in central Henan province, one of the country’s top grain producing areas. Analysts anticipate that the listing will unlock the value of the Chinese unit, producing a possible special dividend for shareholders and boosting the group’s share price. Yihai Kerry is best known for its Arawana brand cooking oil which has been in the Chinese market since 1991. Yihai Kerry Arawana Holdings Co., Ltd. est spécialisé dans la production, la transformation et la commercialisation de produits alimentaires, d'huiles et d'ingrédients alimentaires. The ‘ARAWANA’ brand, founded in China, finally sets sail today. From the prospectus, we gather that Yihai Kerry Arawana's net profit is closer to the low end of our net profit band estimate of US$783m published on 22 Feb 2019. Following the listing of subsidiary Yihai Kerry Arawana (YKA), Wilmar share price surged to a high of $4.70 before plunging to a low of $4.00 in October. Yihai Kerry has understood during the investigation that currently straight rice noodle is a main product of Chinese rice noodle products, which occupies a wide market both at home and abroad. Financial Statements and Related Announcement::Third Quarter Results. The fall of Wilmar share price confounded plenty of investors as the market capitalization of Wilmar represented half … Have a premium account? JAKARTA (TheInsiderStories) – The company owned by Indonesian tycoon, Wilmar International Ltd., announced to bring Yihai Kerry Arawana Holdings Co., Ltd., (YKA), a 99.99 percent-owned subsidiary listing on the Shenzhen Stock Exchange. Wilmar plans to list 10 percent of YKA on ChiNext . We cover all roles and functions from temporary work to fundraising, executive search and board appointments. YKA is 99.99%-owned by Wilmar International Ltd, which is PBB’s 18.48%-owned associate and largest earnings contributor. YKA is a 99.99%-owned subsidiary of Wilmar , incorporated in the People’s Republic of China. Since the reform and opening up, the production technologies and production … Feed and industrial products achieved a 105 percent increase in pre-tax profit to $370.8 million in 1H of 2020 from $181.0 million in 1H of 2019, on the back of a strong recovery in oilseeds and frains, as demand in China recovered from the African swine fever outbreak that occurred in the previous year. Wilmar cited that its Chinese subsidiary, Yihai Kerry Arawana Holdings Co., Ltd (“YKA”), has obtained listing clearance from the Shenzhen Stock Exchange (“SZSE”) ChiNext Board Listing Committee (the “Committee”) and has YKA is 99.99%-owned by Wilmar International Ltd, which is PBB’s 18.48%-owned associate and largest earnings contributor. The market had reason to cheer, with the impending listing of Wilmar’s China business, Yihai Kerry Arawana Holdings. The listing, if approved by the regulator, will see Yihai Kerry Arawana issuing new shares amounting to about 10% of its total pro forma share capital after the initial public offering (IPO) and there will not be any secondary offering. The unit plans to release 10 percent of paid up and issues shares and has set the IPO price at RMB25.70 (US$3.77) per share to raises RMB13.9 billion. Yihai Kerry Arawana posted net profit after MI of RMB5.13bn (US$769m) in 2018 and RMB0.87bn (US$129.9m) in 1Q19, according to its prospectus. Food Firm Yihai Kerry Sets Biggest Target in ChiNext Pilot's First IPO Group (Yicai Global) June 23 -- Chinese food company Yihai Kerry Arawana Holdings is looking to raise the largest amount of money among the first group of 32 firms that have been accepted to go public on the ChiNext since the board started its registration-based system pilot. The proposed IPO is aimed to expand and grow Wilmar’s operations in China by promoting the brand’s visibility and awareness among existing and potential customer and investors. And then there is Wilmar’s mega listing of Yihai Kerry Arawana Holdings Co., Ltd (YKA) on the Shenzhen Stock Exchange ChiNext Board. Wilmar and Yihai Kerry are looking for collaboration opportunities with international distributors. The market had reason to cheer, with the impending listing of Wilmar’s China business, Yihai Kerry Arawana Holdings. Its business includes the processing and sale of kitchen food, feed ingredients and oleochemicals in China. Overall, we are positive on this news as it suggests the group is one step closer to achieve its target to list its Chinese operations by the end this year. September 2020 providing an update on the proposed listing of Yihai Kerry Arawana Holdings Co., ... "Prospectus" and other relevant documents online (2) Transfer the proceeds to the issuer's bank account * The period from 1 October 2020 to 8 October 2020 is China’s National Day public holidays. It would value the China unit of Singaporean food giant Wilmar International Ltd. at 139.3 billion yuan. Based on this, it would roughly place potential market cap valuations for Yihai Kerry Arawana from US$12.3bn to US$17.7bn. The proposed IPO is Wilmar’s China customers, investors and the public in China in the food. Yihai Kerry Arawana Holdings Co. Ltd. A balance sheet, income statement, cash flow, earnings & estimates, ratio and margins. Potential valuations for Yihai Kerry Arawana We project the listing of Yihai Kerry Arawana to be a key re-rating catalyst for Wilmar as it will help to unlock value for the group. Wilmar will retain majority control in Yihai Kerry Arawana with an expected 89.99% stake post-IPO. Yihai Kerry Arawana Holdings also operates investment businesses. Certain information in this presentation in relation to Yihai Kerry Arawana Holdings (“YKA”) and the Proposed Listing of YKA is a translation of the original from the draft prospectus in Chinese available on the China Securities Regulatory Commission (“CSRC”)website. Yihai Kerry Arawana Holdings Co., Ltd wholesales and distributes food products. China News Service, October 16th. Question now is: … Sign in to continue reading. Wilmar’s 99.99%-owned subsidiary Yihai Kerry Arawana Holdings (YKA) has determined the issue price for its China IPO at RMB25.70 ($5.16) per YKA share. Regulatory Commission (“CSRC”) has accepted Yihai Kerry Arawana Holdings Co., Ltd’s (“YKA”) application for its proposed listing on the Shenzhen Stock Exchange (the “Proposed Listing”). Issuer Yihai Kerry Arawana Holdings Co., Ltd. (“YKA”) Offering Type Initial Public Offering (“IPO”) and listing on the ChiNext of Shenzhen Stock Exchange Indicative Offering Size Offering of 542,159,154 shares (10% of enlarged share capital) Yihai Kerry Arawana Holdings Co., Ltd (300999.SZ) Shenzhen - Shenzhen Delayed Price. We project the listing of Yihai Kerry Arawana to be a key re-rating catalyst for Wilmar as it will help to unlock value for the group. In the first semester (1H) of 2020, the agribusiness group, reported a 50 percent improvement in net profit to $610.9 million on the back of improved contributions across all core segments. On October 15, Yihai Kerry Golden Arowana Food Co., Ltd. (hereinafter referred to as "Yihai Kerry Golden Arowana") was successfully listed on the Growth Enterprise Market of the Shenzhen Stock Exchange. Our current Target Price of S$3.96 assumes Yihai Kerry Arawana trades at roughly 16x FY18 earnings and the rest of the business at 12x. 20 strategic investors involved in the IPO, including Singapore sovereign wealth fund GIC, China Life Insurance Co., Ltd., China Structural Reform Fund and Rongze Investment Co.. The proposed listing will take place in mid-October 2020. In 2019, Yihai Kerry accounted for nearly … 2020-10-30 21:11:00 General Announcement. Both our food products and feed and industrial products segments did well in 1H 2020, on the back of strong recovery in 2Q 2020, and are expected to continue to perform well for the rest of the year.”. We project the listing of Yihai Kerry Arawana to be a key re-rating catalyst for Wilmar as it will help to unlock value for the group. The second was the acceptance of Yihai Kerry Arawana Holdings Co Ltd’s (YKA) IPO application for listing on the ChiNext board last Monday (June 22). Following the listing of subsidiary Yihai Kerry Arawana (YKA), Wilmar share price surged to a high of $4.70 before plunging to a low of $4.00 in October. The net revenues increased 12 percent to $22.66 billion from a year ago $20.23 billion, driven by improved demand across all core segments. Prospectus is a specialist recruitment agency for the charity sector. CN:CNE1000048D3 / Yihai Kerry Arawana Holdings Co Ltd - SEC Filings, Annual Report, Proxy Statement Security CN:CNE1000048D3 / Yihai Kerry Arawana Holdings Co Ltd In shareholder updates, the group stated that its Chinese subsidiary, Yihai Kerry Arawana Holdings Co., Ltd, has obtained listing clearance from the Shenzhen Stock Exchange(SZSE) ChiNext Board Listing Committee. * YIHAI KERRY ARAWANA SUBMITTED UPDATED PROSPECTUS TO SHENZHEN STOCK EXCHANGE FOR REVIEW & APPROVAL Source text for Eikon: Further company coverage: In addition, higher sugar merchandising activities in 1H of 2020 further improved the performance of the segment. According to the prospectus, Yihai Kerry Arawana’s reported 4% y-o-y growth in net profit to CNY 5.5b (~US$0.8b) in FY18, contributing ~63% of Wilmar’s net profit of US$1.3b in FY18. Wilmar’s China unit Yihai Kerry Arawana Holdings Co (Yihai Kerry) has completed the guidance process stipulated by the China Securities Regulatory Commission (CSRC) – a process that typically takes up to 9 months but was completed in 3 months – keeping it on target to … Application to list subsidiary Yihai Kerry Arawana on the Shenzhen stock exchange accepted. 아래에서 귀하는 Yihai Kerry Arawana Holdings Co Ltd 주식에 관한 정보를 찾아 보실수 있을것입니다.이 페이지의 아래 부분에서 귀하는 실적 자료,차트,기술적 분서과 기타 … However, the market may be slightly surprise by its plans to list in Shenzhen instead of Shanghai Stock Exchange. The agri-food group said yesterday that its 99.99 per cent-owned subsidiary, Yihai Kerry Arawana Holdings, has submitted an updated prospectus to the Shenzhen Stock Exchange for review. It In a separate update, the palm oil giant said that plans to separately list its China subsidiary on the Shenzhen Stock Exchange has taken one step ahead with the filing of an updated draft prospectus. Total mature hectarage increased in the current period, production yield decreased marginally by 1 percent to 9.8 MT per hectare from 1H of 2019 of 9.9 MT per hectare as a result of a younger palm oil plantation age profile due to the Wilmar Group’ replanting activities in recent years. We are active across digital and events. Scorching IPO of Cooking-Oil Maker Set to Make New Record on ChiNext Board - Arawana Oil will price its shares at 25.7 yuan, bringing in billions for its Singaporean owner Wilmar What’s new: Cooking oil giant Yihai Kerry Arawana Holdings Co. Ltd. has priced its planned IPO at 25.7 yuan per share, putting it on track to net a whopping 13.9 billion yuan ($2.04 billion). There is potential upside to our Target Price if Yihai Kerry Arawana can garner up to a max P/E allowed for new listing in Shenzhen of 23x, based on historical earnings. Consumer products registered a 21 percent increase in pre-tax profit to $495.1 million in 1H of 2020 from $408.3 million in 2019. Excluding losses from non-operating items, core net profit in the same period also improved 49 percent to $635.9 million. It added that its Chinese subsidiary, Yihai Kerry Arawana Holdings, has submitted an updated prospectus to the China Securities Regulatory Commission (CSRC) for … Arawana Building, No 1379 Bocheng Road, Pudong New District, Shanghai Customer Service Tel：400-616-5757 Fax：0755-61864755 E-mail： YKA is currently backed by strong investor interest, which jacked up its IPO target. The second was the acceptance of Yihai Kerry Arawana Holdings Co Ltd’s (YKA) IPO application for listing on the ChiNext board last Monday (June 22). What’s new: Cooking oil giant Yihai Kerry Arawana Holdings Co. Ltd. has priced its planned IPO at 25.7 yuan per share, putting it on track to net a whopping 13.9 billion yuan ($2.04 billion). Get today's Yihai Kerry Arawana Holdings Co Ltd stock price and latest 300999 news as well as Arawana real-time stock quotes, technical analysis, full financials and more. Wilmar said Tuesday it planned to list a 10 % stake in its China operations, Yihai Kerry Arawana, on the ChiNext board of the Shenzhen Stock Exchange. This improvement was partially offset by lower sales in the medium pack and bulk businesses, as demand from the hotels/restaurants/catering industry was weak in the first quarter of 2020 due to lockdowns in the major markets where the Group operates. We provide a global reference for industry intelligence, news, information and data. Yihai Kerry Arawana posted net profit after MI of RMB5.13bn (US$769m) in 2018 and RMB0.87bn (US$129.9m) in 1Q19, according to its prospectus. As a result of the pandemic, consumer products sales increased significantly because people ate more often at home and also bought higher quality products. It added that its Chinese subsidiary, Yihai Kerry Arawana Holdings, has submitted an updated prospectus to the China Securities Regulatory … Maybank Kim Eng said Wilmar's share price drop ignores the potential for special dividends. Yihai Kerry Arawana is one of the largest agribusiness and food processing companies in China. “Our Chinese subsidiary, Yihai Kerry Arawana, has obtained listing clearance from the Shenzhen Stock Exchange committee and has submitted the updated prospectus to the China Securities Regulatory Commission for final registration approval for listing,” said Kuok Khoon Hong, chairman and CEO of Wilmar on Sept. 15. The Company provides kitchen foods, feed raw materials, oil technology products, and other products. Read more at The Business Times. The fall of Wilmar share price confounded plenty of investors as the market capitalization of Wilmar represented half of its value of holding in YKA at the point of the IPO. Yihai Kerry Arawana's namesake cooking oil is a staple of Chinese kitchens. The unit has appointed China Securities Co., Ltd., and China International Capital Co., Ltd., as the sponsor and a joint lead underwriter of the initial public offering. Wilmar announced that Yihai Kerry Arawana Holdings Co., Ltd (YKA), a 99.99% owned subsidiary, submitted its IPO application to the China Securities Regulatory Commission (CSRC) for its proposed listing on the Shenzhen Stock Exchange last Friday.