George Yeo adds 100,000 Wilmar shares at $2.97 apiece, taking stake to over 1 million shares

Former minister George Yeo bought 100,000 shares in agri-business Wilmar International from the open market at $2.97 each on Nov 4.

PHOTO: WILMAR INTERNATIONAL

Published Nov 05, 2026, 08:35 AM

Updated Nov 05, 2026, 10:45 AM

George Yeo bought 100,000 Wilmar shares at $2.97 each, lifting his stake to just over one million shares. He is an independent director and joined the board in April 2024.

Wilmar is under pressure over Indonesia haze links. The NEA asked for documents on land concessions and fire prevention, and the Government met the company before haze law changes.

Wilmar will work with Control Risks Group and Dentons Rodyk at its own cost. It also said it sold fertilisers and diesel to six named firms, earning about US$22.5 million in FY2025.

SINGAPORE – Former minister George Yeo has bought 100,000 shares in Wilmar International, raising his stake in the agri-business giant to just over one million shares.

Yeo, an independent director of Wilmar, acquired the shares in the open market at $2.97 each on Nov 4, according to a Singapore Exchange filing.

Shares of Wilmar, which owns oil palm concessions in Indonesia, have fallen by more than 14% over the past month.

Wilmar was among 10 Singapore-registered companies that were served notices by the National Environment Agency (NEA) on Oct 23 seeking documents and information on their corporate links, Indonesian land concessions and fire prevention and firefighting efforts, amid worsening transboundary haze that had aversely affected the Republic.

Wilmar chief executive Kuok Khoon Hong was among those summoned by the Government to a closed-door meeting on Oct 29 ahead of amendments to the haze law, which were passed in Parliament on Nov 4.

Wilmar said on Nov 2 that it had accepted NEA’s appointment of Control Risks Group as an assessor to evaluate whether the group had any involvement in or connection with the fires in Indonesia that contributed to the haze affecting Singapore and Malaysia. Dentons Rodyk & Davidson has been appointed legal adviser to the assessor.

Wilmar said it would voluntarily engage both firms at its own cost and provide access to relevant information, documents, premises, personnel and sites relating to its operations, corporate relationships and supply chains.

In a separate Nov 2 statement, the company also said it had submitted the first batch of documents and information in response to an NEA notice received on Oct 23 under the Transboundary Haze Pollution Act.

It also disclosed on Oct 31 that it had sold fertilisers and diesel for heavy equipment to six of the 10 companies identified by NEA as being linked to the haze caused by fires in Indonesia, generating revenue of around US$22.5 million (S$28.8 million) in financial year 2025.

Yeo was appointed to Wilmar’s board in April 2024. He has also held executive roles in the Kerry group of companies. Both Wilmar and Kerry are controlled by Malaysia’s Kuok family.

前部长杨荣文于11月4日从公开市场以每股2.97美元的价格购买了10万股农业企业丰益国际的股票。

图片：丰益国际

发布于 2026 年 11 月 5 日上午 8:35

更新于2026年11月5日上午10:45

乔治·杨以每股2.97美元的价格购入10万股丰益国际（Wilmar）股票，使其持股量增至略高于100万股。他是一名独立董事，于2024年4月加入董事会。

丰益国际因与印尼雾霾问题有关而面临压力。印尼国家环境局要求其提供土地特许权和防火措施方面的文件，政府在雾霾法修改前也曾与该公司会面。

丰益国际将自费聘请Control Risks Group和Dentons Rodyk律师事务所。该公司还表示，已向六家指定公司出售化肥和柴油，预计在2025财年获利约2250万美元。

新加坡——前部长杨荣文购买了丰益国际10万股股票，使其在这家农业巨头的持股量增至100多万股。

根据新加坡交易所的文件显示，Wilmar 的独立董事 Yeo 于 11 月 4 日在公开市场上以每股 2.97 美元的价格购入了这些股票。

拥有印尼棕榈油特许经营权的丰益国际（Wilmar）的股价在过去一个月下跌了超过 14%。

10 月 23 日，新加坡国家环境局 (NEA) 向包括 Wilmar 在内的 10 家新加坡注册公司发出通知，要求其提供有关公司关联、印尼土地特许权以及防火和灭火工作的文件和信息。此前，日益严重的跨境烟霾已对新加坡造成了不利影响。

丰益国际首席执行官郭孔丰是政府于 10 月 29 日召集参加闭门会议的人员之一，会议旨在讨论雾霾法修正案，该修正案于 11 月 4 日在国会获得通过。

丰益国际于11月2日表示，已接受新加坡国家环境局（NEA）委任的风险控制集团（Control Risks Group）作为评估机构，评估该集团是否参与或关联印尼火灾，而这些火灾导致新加坡和马来西亚出现雾霾。德同律师事务所（Dentons Rodyk & Davidson）已被委任为该评估机构的法律顾问。

丰益国际表示，将自愿自费与这两家公司合作，并提供与其运营、企业关系和供应链相关的相关信息、文件、场所、人员和地点。

该公司在 11 月 2 日的另一份声明中还表示，已根据《跨境烟霾污染法》于 10 月 23 日收到的新加坡国家环境局 (NEA) 通知，提交了第一批文件和信息。

该公司还在 10 月 31 日披露，已向新加坡国家环境局认定与印尼火灾造成的烟霾有关的 10 家公司中的 6 家出售了化肥和重型设备柴油，在 2025 财年创造了约 2250 万美元（2880 万新元）的收入。

杨荣文于2024年4月被任命为丰益国际董事。他此前也曾在嘉里集团担任高管职务。丰益国际和嘉里集团均由马来西亚郭氏家族控股。