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Wilmar cut to 'hold' by OCBC on softening soybean margins; China IPO in 4Q19 seen

PC Lee
PC Lee • 2 min read
Wilmar cut to 'hold' by OCBC on softening soybean margins; China IPO in 4Q19 seen
SINGAPORE (Nov 18): OCBC Investment Research is downgrading Wilmar International to “hold” after warning uncertainty over soybean crushing margins may grow as the trade dispute between the US and China becomes more prolonged.
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