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Wilmar a 'buy' as it is one step closer to its China IPO

Samantha Chiew
Samantha Chiew • 3 min read
Wilmar a 'buy' as it is one step closer to its China IPO
Wilmar a 'buy' as it is one step closer to its China IPO
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SINGAPORE (June 24): RHB Group Research is reiterating its “buy” call on Wilmar International with a new target price of $4.87 from $4.83 previously, as it is one step closer to its China listing.


Wilmar’s subsidiary, Yihai Kerry, was amongst the first batch of 32 companies selected for Shenzhen Stock Exchange’s (SZSE) growth enterprise market (GEM) board pilot registration system for listing.

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