wilmar international
Aletheia Capital downgrades Wilmar to ‘sell’, cuts target to S$2.50 on legal woes
China contributes more than half of the agribusiness group’s earnings
Stocks to watch: Low Keng Huat, Centurion, Manulife US Reit, Seatrium, Wilmar, LHN
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Dec 1):
Wilmar’s China subsidiary lodges appeal over contract fraud case
[SINGAPORE] A subsidiary of Wilmar International has lodged an appeal in a Chinese court, after it was found guilty of contract fraud and ordered to bear losses amounting to 1.88 billion yuan (S$345.6...
‘My uncle Robert Kuok would expel me’ if true: Kuok Khoon Hong, rejecting conviction of Wilmar’s China unit
Shocked by the judgment, Kuok Khoon Hong says if he had done such a thing, his uncle would expel him from the family
Wilmar China unit found guilty of contract fraud; will appeal against court decision
It has been found to be jointly liable for 1.88 billion yuan in losses
Wilmar unit to acquire 13% of Mumbai-listed joint venture with Adani
The purchase will be funded by internal sources and bank borrowings
Wilmar posts US$347.7 million Q3 loss on 11.9 trillion rupiah graft penalty; core profit jumps 71%
Revenue is up 7.4% at US$19.1 billion; all sectors enjoy stronger operational results
Wilmar Indonesia unit general manager charged over sugar imports
The unlawful raw sugar imports have allegedly caused state losses amounting to 578 billion rupiah
Mapping Robert Kuok’s century-old empire – and the heirs steering it
At 101, Malaysia’s richest man is still shaping a family empire that spans boardrooms across Asia
Wilmar maintains profit expectations; CEO scoops up S$2.7 million of shares as stock falls
Company expects a loss in Q3, but full-year results to remain profitable