GLOBAL Group of Companies, which is targeting 5,000 hectares of oil seed plantations at its farm bloc in Lufwanyama, says it has the capacity to produce a total of 100,000 metric tonnes of edible oils per annum.
Meanwhile, Global Plantation Limited (GPL), a subsidiary of the group, intends to support an out-grower scheme in 2017/18 farming season once it acquires a minimum of 20,000 hectares farmland in Zambia.

(From the article)

Note from the editor:

Both Global Industries Limited  and Global Plantations Limited are indirectly owned subsidiaries of Wilmar. In May 2014, Wilmar http://infopub.sgx.com/FileOpen/Notification%20on%20WIL%20Subs%20and%20Asso%20Cos%20dd%2027May2014.ashx?App=Announcement&FileID=298966">announced that Wilmar Europe Holdings B.V. (“WEHBV”), a direct wholly-owned subsidiary of Wilmar, had acquired a 27% equity interest in Global Industries Limited (“GIL”) from three individual shareholders, who are unrelated to Wilmar, for a total purchase consideration of US$2,318,100. Before this acquisition, Wilmar held an indirect 7.5% equity interest in GIL through Josovina Commodities Pte. Ltd. (a direct 50% associated company of Wilmar). Following the completion of the above acquisition, GIL is now an indirect 34.5% owned associated company of Wilmar. In August 2013, Wilmar http://www.finanznachrichten.de/pdf/20130827_180436_F34_8F0F4E3AAEF6027848257BD40025F933.1.pdf">announced that Global Plantations Limited (“GPL”) is an indirect 39% owned associated company of Wilmar. Wilmar Europe Holdings B.V. (“WEHBV”) (a direct wholly-owned subsidiary of Wilmar) holds a direct 28% stake in GPL while the balance 11% of Wilmar’s effective interest in GPL is held through Josovina Commodities Pte Ltd (a direct 50% owned associated company of Wilmar).