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Profit warning sends Wilmar stock reeling

Thursday, July 21, 2016 - 05:50

Singapore

SHARES of Wilmar International tumbled as much as 11.6 per cent on Wednesday as some analysts downgraded the stock a day after the palm oil company warned that it expects to sink into the red for the second quarter ended June 30, 2016.

The stock fell as much as S$0.39 to

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