September 25, 2016 7:28 AM ET

Food Products

Company Overview of Singapore Food Industries Pte. Ltd.

Company Overview

Singapore Food Industries Pte. Ltd. processes and supplies food products and services. The company offers fresh fruits and vegetables, canned food, dry provisions, and beverages, as well as frozen meats, seafood products; beer, brandy, wine, whisky, and cigarettes; and engine tools, electrical equipment, marine valves, and packing and jointing products. It also provides food logistics services; and sources meats, seafood, and other food products. In addition, it offers ship spares, such as piston crowns, engine blocks, and propellers; marine ropes, lifting gears, steel plates, pipe and fuse fittings, and safety equipment; and tableware and gallery utensils, cloth and linen products, clothing...

234 Pandan Loop

Singapore,  128422

Singapore

Founded in 1973

Phone:

65 6778 4466

Fax:

65 6778 4238

Key Executives for Singapore Food Industries Pte. Ltd.

Financial Controller
Divisional Director of Business Development
Secretary
Age: 55
Vice President of Human Resource
Compensation as of Fiscal Year 2016.

Singapore Food Industries Pte. Ltd. Key Developments

Yihai Kerry Investments Co., Ltd. and Singapore Food Industries Pte. Ltd. Incorporates Associated Company

Wilmar International Limited announced that its wholly-owned subsidiary, Yihai Kerry Investments Co., Ltd. and Singapore Food Industries Pte. Ltd. have incorporated a company, SATS Yihai Kerry Kunshan Food Co., Ltd., on 14 September 2016 in the People's Republic of China. SATS Yihai Kerry Kunshan, which is the Operating Company referred to in Wilmar's news release of 22 January 2016, has a registered capital of RMB 200,000,000 or approximately SGD 40.8 million. SFI will subscribe for 60% and YKI will subscribe for 40% of the registered capital of SATS Yihai Kerry Kunshan. Wilmar's investment in SATS Yihai Kerry Kunshan is not expected to have any material impact on the consolidated net tangible assets and earnings per share of Wilmar and its subsidiaries for the current financial year ending 31 December 2016.

Yihai Kerry Investments and Singapore Food Industries to Form Operating Company

Yihai Kerry Investments Co., Ltd. has entered into a conditional joint venture (JV) agreement with Singapore Food Industries Pte. Ltd. (SFI) to incorporate an operating company to supply certain safe and quality food to the Chinese market. Concurrently, Yihai Kerry has also entered into a conditional JV agreement with SFI to incorporate an investment holding company to supply certain safe and quality food to the Chinese market. The operating company will have a registered capital of CNY 200 million ($30.39 million). SFI will subscribe for 60% and Yihai Kerry will subscribe for 40% of the registered capital of the company.

BRF GmbH Signs Agreement with Singapore Food Industries Pte. Ltd

BRF S.A. announced that through its subsidiary BRF GmbH, it has signed with Singapore Food Industries Pte. Ltd. documents for the formation of a joint venture in Singapore and an acquisition of 49% of the shares of a new company to be formed by SFI namely SATS BRF Food Pte. Ltd., for the purchase price of approximately USD 19.0 million. In the context of the transaction, SFI shall contribute to SATS BRF its food distribution business, which will include: sublease of two meat processing facilities and a warehouse; the machinery related to such processing facilities; a license agreement for the use of certain brands and trademarks in Singapore. Leveraging on BRF s fully integrated supply, go-to-market operations, product development and global branding capabilities as well as SATS' domain knowledge of Asian local markets and production facilities, SATS BRF will focus on expanding supply of high value added, semi-processed meat and further processed food products, initially for the Singapore market. The completion of the transaction is subject to the compliance of the parties with the precedent conditions.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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