ADM Investor Services (ADMIS) through an affiliated company, ADMIS
Holding Company, has formed ADMIS Hong Kong Limited through the
acquisition of Refco Hong Kong Limited, a commodity brokerage firm that
has a strong base of retail clients in Singapore, Hong Kong, China and
Japan. Eric Wong, former Refco Hong Kong Managing Director, has been
named Managing Director for this new company.
“ADMIS is pleased to announce the formation of ADMIS Hong Kong,” stated
Richard Dodson, President-ADMIS. “This formation will further increase
our international customer base and business presence in the Asian
marketplace which has a strong potential for future growth.”
This new venture will remain in Hong Kong with a launch date of May 18,
2006.
ADM Investor Services is a Chicago-based full service Futures Commission
Merchant with locations in the United States, United Kingdom (ADM
Investor Services International) and Taiwan. ADMIS provides
comprehensive services to retail, commercial and institutional customers
around the world with more than $1.6 billion in combined global customer
equity.
Both ADM Investor Services and ADMIS Holding Company are wholly-owned
subsidiaries of Archer Daniels Midland Company (ADM).
About ADM
Archer Daniels Midland Company (ADM) is a world leader in agricultural
processing and fermentation technology. ADM is one of the world’s
largest processors of soybeans, corn, wheat and cocoa. ADM is also a
leader in the production of soybean oil and meal, ethanol, corn
sweeteners and flour. In addition, ADM produces value-added food and
feed ingredients. Headquartered in Decatur, Illinois, ADM has over
25,000 employees, more than 250 processing plants and net sales for the
fiscal year ended June 30, 2005 of $35.9 billion. Additional information
can be found on ADM’s Web site at http://www.adm.com.
ADM Media Relations
217/424-5413
media@adm.com