KUALA LUMPUR: IOI CORPORATION BHD, Malaysia's second-biggest palm oil producer by market value, has set up a trading company in China.

Lipid Nutrition Trading (Beijing) Co, set up by IOI's subsidiary Loders Croklaan (Malaysia) Sdn Bhd, will engage in wholesales, import and export, commission-based agent of the lipids for food and supplements, and other services, IOI said in a stock exchange filing today. — Reuters