Wilmar forms two new subsidiaries for electricity and for trading agricultural products
Wilmar said Friday it has formed two new subsidiaries, one in China for generating electricity, and the other in Senagal for trading agricultural products.
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UPDATE: Singapore stocks to watch Thursday: Lendlease Global REIT, F&N, ThaiBev, KIT, GuocoLand, Wilmar
These are Singapore companies which may be in focus on Thursday, 26 September 2019: Lendlease Global Commercial REIT, F&N, Thai Beverage and GuocoLand.
Wilmar downgraded by Maybank KE on African swine flu disruption
Maybank KimEng downgraded Wilmar to Hold from Buy, pointing to the disruption from an outbreak of African swine flu in China.
Wilmar reports 2Q19 net profit dropped 52 percent, missing forecast from UOB KayHian
Wilmar reported Tuesday its 2Q19 net profit dropped 52.3% on-year, partly on lower soybean crush margins and on weaker performance from the sugar division.
Wilmar plans to list 10 percent of YKA on ChiNext
Wilmar said Tuesday it planned to list a 10 % stake in its China operations, Yihai Kerry Arawana, on the ChiNext board of the Shenzhen Stock Exchange.
UPDATE: Singapore stocks to watch Friday: ST Engineering, Suntec REIT, Wilmar, MCT, Sunpower
These are Singapore companies which may be in focus on Friday, 26 July 2019: ST Engineering, Wilmar, Mapletree Commercial Trust and Sunpower.
Wilmar: China’s securities regulators accept subsidiary YKA’s application for IPO
China securities regulators accepted an application from Wilmar’s 99.99%-owned subsidiary YKA for a proposed Shenzhen IPO, the commodity trader said Friday.
Wilmar started at Buy by Maybank KE as a shelter against US trade war
“Fighting won’t stop you from eating,” the brokerage said in a note Friday.
Singapore stocks to watch Tuesday: City Developments, Wilmar, CRCT, Sim Leisure
These are Singapore companies which may be in focus on Tuesday, 25 June 2019: City Developments, Wilmar, CRCT and Sim Leisure.
Wilmar unit enters joint venture deal with Associated British Foods
Wilmar said Monday it entered a deal to form a 50:50 joint venture in China with Associated British Foods for yeast and bakery ingredients.
Wilmar acquires 6 percent effective stake in Pakistan’s Unity Foods
Wilmar has acquired a 5.73 percent economic interest in Pakistan-listed Unity Foods, the agri-business company said in an SGX filing Friday.
Wilmar reports 1Q19 net profit rose 26 percent on tropical oils, sugar
Wilmar reported Friday its 1Q19 net profit rose 26.4% on-year to US$257M on better results from the tropical oils, sugar and consumer products segments.
Wilmar forms new subsidiaries in China
Wilmar announced Thursday the formation of several new subsidiaries. Yihai Kerry Arawana Oils, Grains & Food, or YKA, an indirect 99.99 percent owned subsidiary of…
Wilmar’s acquisition of rest of Goodman Fielder a positive, analysts say
Wilmar’s move to take full ownership of Australian regional food company Goodman Fielder “will bode well” for the Singapore company, DBS said Tuesday.
UPDATE: Singapore stocks to watch Tuesday: LMIR Trust, SATS, Wilmar, Hyflux, Accordia Golf
These are Singapore companies which may be in focus on Tuesday, 12 March 2019: SATS, Wilmar, Hyflux, Reclaims Global and Accordia Golf Trust.
Wilmar to acquire 50 percent of FPW Singapore for US$180 million
Wilmar said on Monday it plans to acquire the 50 percent it doesn’t already own of FPW Singapore, which owns Goodman Fielder, for US$180 million.
UPDATE: Singapore stocks to watch Friday: UOB, OCBC, Wilmar, Genting Singapore, Hi-P
These are Singapore companies which may be in focus on Friday, 22 February 2019: OCBC, UOB, Wilmar, Genting Singapore, Hi-P and Roxy-Pacific.
UPDATE: Wilmar reports 4Q18 net profit drops 53 percent on Australia sugar impairment
Wilmar reported on Thursday its fourth quarter net profit dropped 52.9 percent on-year to US$200.9 million, mainly on a provision for impairment on the Australian sugar milling assets.
Wilmar sells Wilmar France Holdings to Ineos Chemicals
Wilmar said on Thursday that it completed the sale of its indirect, wholly owned subsidiary Wilmar France Holdings, which owns and operates an ethoxylation facility, to…
Singapore stocks to watch Friday: Keppel, SIA Engineering, Wilmar, Datapulse Tech
These are Singapore companies which may be in focus on Friday 21 December 2018: Keppel Land Keppel Land’s wholly owned subsidiary DC REIT Holdings, or…
Singapore stocks to watch Tuesday: Wilmar, Great Eastern, Boustead Projects, Swiber
These are Singapore stocks which may be in focus on Tuesday 11 December 2018: Wilmar International Wilmar International issued a joint statement with Aidenvironment and supporting consumer…
Wilmar issues plan to step up efforts to create ‘deforestation-free’ palm oil supply chain
Wilmar International issued a joint statement with Aidenvironment and supporting consumer goods companies Unilever and Mondelez on new supplier monitoring and engagement program to step…
UPDATE: Singapore stocks to watch Monday: Noble, SIA, SATS, Hyflux, Wilmar, Dairy Farm
These are Singapore stocks which may be in focus on Monday 26 November 2018: Keppel T&T Keppel Telecommunications & Transportation said on Monday that its…
Singapore stocks to watch Tuesday: Halcyon Agri, SATS, Wilmar, Hyflux, SGX
These are Singapore stocks which may be in focus on Tuesday 20 November 2018: Halcyon Agri Halcyon Agri said on Monday that it was launching…
SATS to acquire Kunshan FoodCo stake from Wilmar and sell Langfang stake to Wilmar
SATS said on Monday that its wholly owned subsidiary, SATS China, would acquire 40 percent of Kunshan FoodCo from Wilmar International’s indirect wholly owned subsidiary,…
Singapore stocks to watch Tuesday: Wilmar, Golden Agri, CapitaLand, COSCO, APAC Realty, Oxley
Wilmar International Agri-business giant Wilmar International reported on Monday a 35 percent increase in core net profit to US$434.7 million for the quarter ended September…
Singapore stocks to watch Friday: SembMarine, CMT, Wilmar, Ascendas REIT
These are Singapore shares which may be in focus on Friday, 26 October 2018: Sembcorp Marine Rigbuilder Sembcorp Marine reported on Thursday a net loss…
Singapore stocks to watch Monday: Keppel, ST Engineering, Chip Eng Seng, Stamford Land, Wilmar
These are the Singapore stocks which may be in focus on Monday 8 October 2018: Keppel Corp. Keppel Singmarine has signed another two contracts with…
Wilmar: To work with Forest Trust to accelerate sustainable supply-chain goals
Wilmar International said on Friday that it launched an “ambitious” plan to reach a No Deforestation, No Peat and No Exploitation (NDPE) compliant supply chain,…
Singapore stocks to watch Wednesday: OUE, Wilmar, Golden Agri, Noble, Ascott Residence Trust
These are the Singapore stocks which may be in focus on Wednesday 26 September 2018: OUE OUE said on Tuesday that its subsidiary, PT OUE…
Wilmar establishes three subsidiaries and a joint venture company
Wilmar said on Tuesday that it established three subsidiaries and a joint venture company. The first is Morocco subsidiary Cosumar Wilmar, which will produce, process…
Singapore stocks to watch Monday: Yangzijiang, ST Engineering, AsiaPhos, Stamford Land, Sembcorp
These are the stocks which may be in focus on Monday, 3 September 2018: Yangzijiang Shipbuilding Yangzijiang Shipbuilding said on Friday that its wholly owned…
Singapore stocks to watch Thursday: Wilmar, CapitaLand Mall Trust, Sembcorp, Keppel REIT
These are the Singapore stocks which may be in focus on Thursday 23 August 2018: Wilmar Wilmar said on Wednesday that its subsidiary Wilmar Sugar…
Singapore stocks to watch Tuesday: Wilmar, Golden Agri, First Resources, Jumbo, Accordia Golf
These are the Singapore stocks likely in focus on Tuesday, 14 August 2018: Wilmar Wilmar reported its second quarter net profit surged more than five…
Wilmar posts 2Q18 net profit surges more than 5 times on stronger oilseed segment
Wilmar reported its second quarter net profit surged more than five times to US$316.4 million, from US$58.96 million a year earlier, amid a stronger performance…
Singapore stocks to watch Monday: ComfortDelGro, DBS, Wilmar, Hong Leong Finance, Ho Bee Land
These are the Singapore stocks likely in focus on Monday, 13 August 2018: ComfortDelGro Transportation operator ComfortDelGro reported on Friday that its second quarter net…
Singapore stocks to watch Wednesday: Great Eastern Holdings, Wilmar, Ascendas India Trust
Great Eastern Holdings Great Eastern Holdings, the insurance arm of Oversea-Chinese Banking Corp, reported early on Wednesday a 3 percent rise in second quarter net…
Singapore stocks to watch Monday: SATS, Wilmar, Wheelock, OUE Hospitality, MIT
These are the Singapore stocks that may be in focus on Monday 16 July 2018: SATS and Wilmar SATS said that its wholly owned subsidiary…
RHB: Opportunity to buy Wilmar amid US trade war uncertainty
While Wilmar’s share price appears to have fallen on uncertainty over the U.S.-China trade war, the plunge in the price of its key input, soybeans,…
Singapore stocks to watch Wednesday: Wilmar, Singapore Press, mm2 Asia
These are the Singapore stocks to watch on Wednesday 4 July 2018: Wilmar International Agriculture giant Wilmar International’s co-founder, Martua Sitorus, will resign from the…