December 2020

UOB KH raises Wilmar's core net profit forecast, TP, on better-than-expected contribution from YKA - THE EDGE SINGAPORE

Broker's Calls

UOB KH raises Wilmar's core net profit forecast, TP, on better-than-expected contribution from YKA

Wilmar will announce its 4QFY2020 results on Feb 22, after market close.
SGX total securities market value climbs 21% y-o-y in December to $24.4 bil - THE EDGE SINGAPORE

Markets

SGX total securities market value climbs 21% y-o-y in December to $24.4 bil

December 2020 saw the highest monthly volume of commodity derivatives traded since March 2020.

Aviation & Engineering

SIA says its total passenger capacity is expected to be at around 25% pre-Covid-19 levels in end-March 2021

The group’s flagship carrier Singapore Airlines’ capacity declined 78.0% y-o-y in December 2020.
Starburst unit wins $7.9 mil contract to build Middle East training facility - THE EDGE SINGAPORE

Company in the news

Starburst unit wins $7.9 mil contract to build Middle East training facility

The contract is scheduled to commence in December 2020 and to be completed by November 2022.
Olam International acquires 51% stake in Togo's state-owned cotton company for $24.4 mil - THE EDGE SINGAPORE

M&A

Olam International acquires 51% stake in Togo's state-owned cotton company for $24.4 mil

The transaction is expected to be completed by December 2020.
×