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.
F34.SG
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.