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Wilmar International (WIL)
SGX query
Wilmar shares drop over 7% following China IPO
As at 12.52pm, shares in Wilmar were trading 25 cents lower or 5.4% down at $4.41.
October 15, 2020
IPO
Wilmar subsidiary IPO shares to commence trading on Oct 15
Accordingly, YKA has become a 89.99%-owned subsidiary of Wilmar.
October 14, 2020
Wilmar chairman Kuok buys shares ahead of China unit's IPO
Insider moves for Issue 953 (week of Oct 5): Wilmar International and Trek 2000 International
October 02, 2020
Broker's Calls
Wilmar's share price offers cheaper, more liquid entry to YKA, says CGS-CIMB
Key downsides to the stock include the potential delay or termination to YKA’s IPO and weaker-than-expected crushing margins.
September 25, 2020
Company in the news
Wilmar subsidiary increases stake in Pakistan-listed Unity Foods Limited
The Wilmar Group now has a 23.47% stake in Unity Foods.
September 24, 2020
IPO
Wilmar subsidiary to IPO at issue price of $5.16; expects to raise $2.79 bil
The price translates to a price-to-earnings multiple of 31.12x.
September 24, 2020
IPO
Wilmar subsidiary receives final registration approval for China IPO, listing to take place by mid October 2020
The listing is estimated to take place by mid-October 2020.
September 16, 2020
Green loans
UOB extends $200 mil sustainability-linked loan to Wilmar to support agricultural sustainability in Asia
The loan interest rate will be pegged to Wilmar’s achievement of the target set based on the list of performance indicators.
September 15, 2020
Company in the news
Wilmar’s China IPO is still 'on track'
Shares in Wilmar closed 16 cents lower, or 3.7% down at $4.17 on September 10.
September 11, 2020
Zest
DBS and Wilmar ink $200 mil SORA-based loan, a first for the agri-business industry
This is the agri-business industry’s first SORA loan coupled with an IRS.
August 27, 2020