Wings SouthSouth

completed

The proposed investment is to support the Wings Group of Nigeria (“Wings” or the “Group”) with the development of a greenfield detergent manufacturing facility in Nigeria (“the Project”). In addition, the Group is also planning to develop a greenfield food manufacturing facility (“Food Facility”) in Nigeria. Both the Project and the Food Facility will be owned majority by the Wings Groups. The Wings Group is headquartered in Indonesia where it has various operations and the Group commissioned its first powder detergent facility in Nigeria in September 2007. This facility is located at Igbessa in the OPIC Industrial Estate situated in Ogun State some 40 kilometers from central Lagos. The Project is being constructed on an adjacent 3.6 hectare site and is expected to be commissioned in August 2013. The Group is still in the preliminary stages of designing the Food Facility with limited information on the project currently available. However, Wings has extensive experience in such operations in Indonesia and is assessing various possible locations for this facility.