Stocks to watch: Wilmar, SIA, Keppel Corp, Genting, StarHub, LMIRT

THE following companies saw new developments that may affect trading of their securities on Wednesday (May 4):

Wilmar International : The agribusiness giant on Friday saw its net profit climb 17.8 per cent to US$530.3 million for the first quarter ended March, on the back of strong performance in the plantation and sugar milling segment. Shares of Wilmar closed S$0.08 or 1.8 per cent higher at S$4.44 on Friday, before the announcement.

Singapore Airlines (SIA) : The national carrier on Tuesday reported that it would gradually reinstate pilots' basic pay following pandemic-era cuts, with the wage cuts to shrink every quarter until salaries are fully restored by the start of 2023. SIA shares ended 0.4 per cent or S$0.02 higher at S$5.50 on Friday.