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Wilmar
Market Close
STI closes 0.1% lower at 2,893.65
SINGAPORE (Sept 7): The Singapore market ended lower on Wednesday, dragged down by Yangzijiang Shipbuilding and Hutchison Port. They fell 2.5% and 1.1%, respectively, during a day with few broad trading cues and a mixed performance among large caps.
September 07, 2016
Tech
Billionaire's 28-year-old son picks digital music empire over palm-oil riches
SINGAPORE (Aug 26): Kuok Meng Ru didn't spend much time with his billionaire father when he was growing up.
August 26, 2016
Wilmar expects net loss of US$230 mil for 2Q
SINGAPORE (July 19): Wilmar International has issued a profit warning for its second quarter results ended June 30, based on a preliminary review of its unaudited financial results.
July 19, 2016
Wilmar emerges winner among unfancied upstream players
SINGAPORE (July 13): DBS Group Research has zeroed in on Wilmar International as its top plantation pick with a “buy” recommendation and a target price of $3.76.
July 13, 2016
Wilmar JV unit to jointly set up FMCG company in India
SINGAPORE (May 25): Adani Wilmar and Ruchi Soya Industries have agreed to form a joint venture company that will have the exclusive right to originate, market and distribute in India finished products from both companies.
May 25, 2016
Broker's Calls
Wilmar kept at ‘hold’ by OCBC and CIMB on tough 2Q
SINGAPORE (May 12): OCBC and CIMB Research are sticking to their “hold” call on Wilmar International with target prices of $3.40 and $3.49 respectively in their reports on Wednesday.
May 12, 2016
Wilmar’s 1Q earnings up 3.2%
SINGAPORE (May 10): Agribusiness group Wilmar International recorded a 3.2% rise in 1Q earnings to US$239.4 million ($327.7 million) from US$232.0 million a year ago.
May 10, 2016