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Wilmar a 'buy' as it is one step closer to its China IPO

Samantha Chiew
Samantha Chiew6/24/2020 11:31 AM GMT+08  • 3 min read
Wilmar a 'buy' as it is one step closer to its China IPO
Wilmar a 'buy' as it is one step closer to its China IPO
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SINGAPORE (June 24): RHB Group Research is reiterating its “buy” call on Wilmar International with a new target price of $4.87 from $4.83 previously, as it is one step closer to its China listing.


See: Wilmar shares surge on impending subsidiary IPO, draws query

Wilmar’s subsidiary, Yihai Kerry, was amongst the first batch of 32 companies selected for Shenzhen Stock Exchange’s (SZSE) growth enterprise market (GEM) board pilot registration system for listing.

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