RHB Group Research analysts Hoe Lee Leng and Christopher Andre Benas are maintaining their ‘neutral’ rating for the plantation sector as they believe crude palm oil (CPO) prices may potentially decline following improving CPO output in the future. “We believe prices have already peaked at...

Uploaded By:  Paul Howell Submitted By:  Staff Reporter Case Study:  No The agribusiness giant b...

AS many as 37 primary-listed stocks in Singapore conducted buybacks in Q1 2021, with consideration totalling S$134 million.

KUALA LUMPUR (April 4): Malaysia�s richest man Robert Kuok added some US$155 million to his fortune as of today to take his total tally to US$20.7 billion and was ranked 87 on the Bloomberg Billionaires Index. According to the index, year-to-date (YTD), Kuok gained US$3.28 billion. Kuok controls bus...

Wilmar International has secured a US$150 million ($202.15 million) sustainability-linked loan from OCBC Bank. Under the three-year facility, the interest rate will be reduced on a tiered basis if Wilmar achieves a set of pre-determined targets that cover environmental, social and governance (ESG) m...

WILMAR International has obtained a three-year, US$150 million sustainability-linked loan from OCBC.

Maybank Kim Eng analyst Thilan Wickramasinghe expects more restructuring exercises on the horizon, particularly amongst large-cap companies pursuing asset-light strategies, though their timings will be hard to predict. Wickramasinghe notes a rising pace in restructurings in Singapore due to str...

UOB Kay Hian analyst Adrian Loh and the Singapore Research team say they expect the financial sector to be hit the hardest upon the inclusion of foreign-listed shares in the MSCI Singapore Index. MSCI, on Nov 10, 2020, announced that Singapore had met the Foreign Listing Materiality Requirements at ...

UOB Kay Hian (UOBKH) in a report on Monday singled out DBS, OCBC, UOB, Singtel and Wilmar as the most negatively affected by the change in MSCI rules.

CGS-CIMB Research analyst Ivy Ng has kept her “add” rating on Wilmar International with an unchanged target price of $6.15 in a March 22 report, on the back of news that Wilmar’s 50%-owned associate, Adani Wilmar (AWL), is making plans for its potential initial public offering (IPO). AWL has r...