SINGAPORE (Aug 15): Agribusiness group Wilmar International remains RHB Research’s “top pick” in the regional plantation sector. As the largest downstream player in the palm oil processing space, Wilmar continues to be a key beneficiary of an improving biodiesel and oleochemicals demand, says ...

Submitted By:  Luz Wendy Noble Case Study:  No China contributed around 60% to the firm's pre-tax profits. Wilmar International’s possible initial public ...

Wilmar International | Buy

SINGAPORE (Aug 14): Shares in Wilmar International are up 12 cents at $3.25 at 10.30am with 6 million units traded after the agribusiness group announced 2Q18 earnings surged more than five times to US$316.4 million ($435.3 million) from a year ago. Revenue for 2Q18 ended June increased 2% to US$10....

Submitted By:  Luz Wendy Noble Case Study:  No It was pushed by the strong performances of oilseeds and grains and tropical oils segments. Wilmar International&rsqu...

THE following companies saw new developments which may affect trading of their shares on Tuesday:

AGRIBUSINESS group Wilmar International has chalked up a huge increase in net profit for the second quarter ended June 30, 2018.

SINGAPORE: Singapore-listed commodity trader Wilmar International posted a five-fold rise in second-quarter net profit, helped by its oilseeds and grains segment that benefited from higher volumes and crush margins. The company, whose top shareholders include US agricultural trader Archer Daniels ....

WILMAR International Limited has posted a more than five time increase in its net profit for the second quarter ended June 30, 2018. Net profit soared to US$316.4 million from US$59 million, driven by stronger performances from the Oilseeds and Grains as well as the Tropical Oils segment, co...

SINGAPORE (Aug 6): DBS Group Research is keeping its “buy” call on Perennial Real Estate Holdings (PREH) with an unchanged target price of $1.05 on the back of its medium- to long-term development plans. “PREH’s hidden gems lie in its vast integrated projects in strategic locations across th...

SATS and Wilmar International unveiled, after Friday trading hours, a 120 million yuan (S$24.53 million) joint venture focusing on food business.

SATS and Wilmar International unveiled after Friday trading hours, a 120 million yuan (about S$24.53 million) joint venture (JV) company.

SINGAPORE (July 5): Wilmar International says it will be strengthening and reaffirming its commitment towards its No Deforestation, No Peat and No Exploitation (NDPE) Policy, following news of the resignation of co-founder Martua Sitorus and Indonesia head Hendri Saksti. The group stressed that it o...

We reiterate "buy", with a target price of S$3.59 reflecting an 18 per cent upside. We believe Wilmar's share price has come down on the back of looming uncertainties over the imminent China-US trade war. However, US soybean prices have also plummeted significantly since the 2...

SINGAPORE (July 4): Wilmar International’s co-founder, Martua Sitorus, has tendered his resignation a week following Greenpeace International's revelation of his links to Gama Plantation, a related palm oil business responsible for massive deforestation in Indonesia. Gama is a palm oil business ru...

SINGAPORE (July 4): RHB Research is reiterating its “buy” call on Wilmar International with an unchanged target price of $3.59, while highlighting ongoing market uncertainties and the recent retracement in share price as a good opportunity to accumulate the stock. The research house has left its...

Submitted By:  Danielle Isaac Case Study:  No Soybean prices have fallen 4.6% since the US and China resumed announcing tariffs. Despite the US and China having agr...

SINGAPORE (June 27): OCBC Investment Research is maintaining “neutral” on soft commodities with Wilmar International as its top sector pick due to its more diversified operations compared to industry peers.   The counter has been rated “buy” with an unchanged fair value estimate of $3.51. O...

Submitted By:  Danielle Isaac Case Study:  No And a Singapore-based digital lender bags funding from SIG Asia Investments. From Reuters: Wilmar International has ce...

Submitted By:  Staff Reporter Case Study:  No Don't expect gains today. The Straits Times Index (STI) ended 15.9 points or 0.48% lower to 3300, taking the year-...

SINGAPORE (June 21): Despite the US and China having agreed to back down from imposing tariffs in May, the Trump administration has gone ahead to slap a 25% tariff on up to US$50 billion ($68 billion) of Chinese products. In retaliation, China last Friday to respond with a 25% tariff on US$34 billio...

SINGAPORE banks are stepping up their sustainability credentials, with OCBC Bank becoming the latest to consider sustainability targets in order to prod companies into behaving responsibly.

THE following companies saw new developments which may affect trading of their shares on Friday:

AGRI-BUSINESS player Wilmar International has inked a deal with OCBC bank to peg interest rates on a US$200 million revolving credit facility to the borrower's sustainability performance, the companies said in a joint statement on Friday before the market opened.

AGRI-BUSINESS player Wilmar International has inked a deal with OCBC bank that will see interest rates on the group's US$200 million revolving credit facility pegged to its sustainability performance, the companies said in a joint statement on Friday morning.