Wilmar International Limited · SGX:F34
Wilmar International — Merger or Acquisition (June 2007)
15 slides from Wilmar International's merger presentation, Jun 22, 2007
Slide 1: Wilmar International Limited EGM Presentation
WILMAR INTERNATIONAL LIMITED EGM PRESENTATION 22 JUNE 2007 1
Slide 2: Overview of the Merger
Overview of the Merger 2
Slide 3: Creation of one of Asia's leading agribusiness groups
Creation of one of Asia's leading agribusiness groups • Wilmar will be one of the largest listed companies on the SGX-ST with a market capitalisation(1) of approximately US$ 13.0 billion after the KG Merger and IPT Acquisitions. US$2.7b KG Merger(2) US$1.6b IPT Acquisitions(2) US$1.1b acquisition of
Slide 4: Rationale for the KG Merger and IPT Acquisitions
Rationale for the KG Merger and IPT Acquisitions • Create world's leading merchandiser and processor of palm oil. – Combine processing and merchandising activities. – Significant presence in Malaysia and access to KOG's markets. • Expand oil palm acreage. – Increase plantation landbank from 210,000
Slide 5: Status Update
Status Update • All requisite regulatory approvals with regard to the KG Merger and IPT Acquisitions have been obtained. • Voluntary general offer for PPBOP has become unconditional on 24 April 2007 and the offer was completed on 18 May 2007. The total acceptance received amounted to 99.08% of the i
Slide 6: Dispensation of Take-over Offer for Wilmar
Dispensation of Take-over Offer for Wilmar • The Securities Industry Council (“SIC”) has granted the Kuok Group and its concert parties the dispensation from making a take- over offer for Wilmar subject to the following conditions:- a) that each of the ADM Group and WHPL:- i. submits to the SIC a wr
Slide 7: Dispensation of Take-over Offer for Wilmar (cont.)
Dispensation of Take-over Offer for Wilmar (cont.) c) the Kuok Group and persons acting in concert with it are not to offer any consideration, promise or inducement to WHPL and the ADM Group in return for the Relevant Confirmations; d) Wilmar Shareholders are given the full facts in any document add
Slide 8: The IPT Acquisitions
The IPT Acquisitions 8
Slide 9: Information on the IPT Assets
Information on the IPT Assets • The IPT Assets and the Wilmar Group are all the entities within the WHPL Group which was started in 1991 as a palm oil trading business and has become one of the leading processors and merchandisers of palm and lauric oils in the world, and one of the largest edible o
Slide 10: Financial effects of the IPT Acquisitions
Financial effects of the IPT Acquisitions(1) Before After KG Merger and After KG Merger and before IPT Acquisitions IPT Acquisitions FY2006 Earnings US$104.6m US$273.4m US$399.6m EPS 4.13 US cents 5.54 US cents 6.26 US cents As at 31 December 2006 Shares 2.5 billion 4.9 billion 6.4 billion NTA US$55
Slide 11: Resulting Shareholdings of Wilmar Post Acquisitions
Resulting Shareholdings of Wilmar Post Acquisitions Immediately after the entire KG Merger and IPT Acquisitions Immediately after the IPT Acquisitions Public, 13.8% Others, 6.3% As at the LPD Public, 16.6% Harpole, 8.6% Before IPT Acquisitions Others, 0.9% PPBG, 8.7% PPBG, 10.6% FFM, 5.4% FFM, 7.4%
Slide 12: Purpose of EGM
Purpose of EGM 12
Slide 13: Purpose of Today's EGM
Purpose of Today's EGM • To obtain Wilmar shareholders' approval for the IPT Acquisitions and issue an aggregate of 1,449,722,224 new Wilmar Shares as consideration for the IPT Acquisitions. US$2.7b KG Merger(1) US$1.6b IPT Acquisitions(1) US$1.1b PPBOP Acquisition US$1.6b acquisitions of the edible
Slide 14: Important Notice
IMPORTANT NOTICE Information in this presentation may contain projections and forward looking statements that reflect the Company’s current views with respect to future events and financial performance. These views are based on current assumptions which are subject to various risks and which may cha
Slide 15: Thank You
Thank You 15
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