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Wilmar International
Insider moves
Chairman and CEO Kuok raises stake in Wilmar International following softer 1Q
Analysts have maintained their relatively muted view
May 09, 2024
Broker's Calls
Analysts mixed on Wilmar following 1QFY2024 results, RHB downgrades to 'neutral' while Citi keeps 'buy'
RHB has lowered its target price to $3.50, while Citi has kept it at $4.25.
May 02, 2024
Broker's Calls
UOB Kay Hian keeps Wilmar at 'hold', shrugs off damage in Ukraine terminal
According to the UOB Kay Hian analysts, a possible share price catalyst includes a pick up in its recovery in China
April 23, 2024
Company in the news
Wilmar's Ukraine port terminal damaged by Russian missile, repair to take six months (update)
The company will assess the damage after the fire caused by the missile strike is put out
April 21, 2024
New appointments
Wilmar appoints former foreign minister George Yeo non-executive and independent director
Yeo was formerly a non-executive and non-independent director of Wilmar from November 2014 to December 2017.
April 19, 2024
Company in the news
Wilmar secures second US$100 mil sustainability-linked loan from Bank of East Asia
Wilmar has maintained its inclusion in the DJSI World Index for three consecutive years since November 2021.
March 19, 2024
Results
Wilmar earnings down 36.5% y-o-y to US$1.5 bil in FY2023
Revenue for the full-year declined by 8.5% y-o-y to US$67.2 billion, as most commodity prices decreased in 2HFY2023.
February 21, 2024
Global Markets
The curious incident of the debt in the day-time
Debt may bite these companies in the leg
January 25, 2024
Broker's Calls
UOB Kay Hian cuts Wilmar's target price following alleged palm oil case in China
UOB Kay Hian has kept its FY2023 earnings estimate but a lower valuation multiple has been applied
January 24, 2024
Company in the news
Wilmar unit denies involvement in alleged China palm oil fraud
Yihai Kerry Arawana Holdings is a leading food processor in China
January 15, 2024