WILMAR SUCCESSFULLY TAKEOVER GOODMAN FIELDER

Goodman Fielder's directors have given support to a reduced takeover proposal from Singapore-based Wilmar International and Hong Kong-listed investment firm First Pacific Co, who lowered their price by about 3.6 percent after scrutinising the food maker's accounts.

Wilmar and First Pacific are now offering 67.5 Australian cents a share via a scheme of arrangement for 100 percent of Goodman Fielder, down from the 70 cent level Goodman's board unanimously supported in May

{b} WILMAR IS CREATING A GLOBAL SUPPLIES EMPIRE FROM NEW ZEALAND TO CHINA TO EUROPE .....


FROM RAW MATRIAL TO FINISHED PRODUCTS , WILAMR HAVE IT ALL !!! FROM RICE , FLOUR , SUGAR , SOYA , PALM OIL TO DAIRY PRODUCTS , BIO DIESEL ....[/b]

Yuan devaluation will affect Wilmar as it derives substantial revenue from China. Share price now at $3.05 (- 2 cents)