Kuok Khoon Hong

Wilmar reports 4.3% higher 2H20 earnings of US$923.6 mil on improved contribution across all core segments - THE EDGE SINGAPORE

Results

Wilmar reports 4.3% higher 2H20 earnings of US$923.6 mil on improved contribution across all core segments

Wilmar International has reported earnings of US$923.6 million ($1.22 billion) for the 2HFY2020 ended December, 4.3% higher than the US$827.7 million reported in the corresponding period the year b

Broker's Calls

Accept privatisation offer for Perennial, CGS-CIMB tells minority shareholders

SINGAPORE (June 16): Minority shareholders of Perennial Real Estate Holdings should accept the privatisation offer made by the company’s substantial shareholders together with Chinese asset manager

Company in the news

Perennial's controlling shareholders launch privatisation offer at 95 cents per share

SINGAPORE (June 12): Perennial Real Estate Holdings’ substantial shareholders have joined forces with Chinese asset manager HOPU Fund Management Company to privatise the company.

Company in the news

Perennial's substantial shareholders "reviewing options"

SINGAPORE (May 18): Unnamed “substantial shareholders” of Perennial Real Estate Holdings are “reviewing the options”, the company said after market hours on May 18.

Commodities

Wilmar eyes China soy expansion as fever kills hogs

(June 12): Wilmar International, one of the world’s largest food producers, is planning to boost its soybean crushing capacity in China even as a deadly pig-killing virus cuts demand for animal fee

In print this week

Will Wilmar's stricter environmental controls bear fruit?

SINGAPORE (Dec 11): Wilmar International last week signed a joint statement with Aidenvironment Asia, a not-for-profit consultancy in the field of sustainable production and trade, to reaffirm its

Broker's Calls

Wilmar in cashflow stress test 'danger zone', says Exotix's Tiruchelvam

SINGAPORE (Nov 28): Wilmar, the largest palm oil processor in the world, has appeared in the “danger zone” of Exotix Capital’s cashflow stress test.

Commodities

Wilmar refutes deforestation allegations; reiterates independence from scandal-hit Gama Corp

SINGAPORE (July 5): Wilmar International says it will be strengthening and reaffirming its commitment towards its No Deforestation, No Peat and No Exploitation (NDPE) Policy, following news of the

Broker's Calls

Latest China expansion plans make Perennial an even better 'buy': DBS

SINGAPORE (Jan 4): DBS Vickers Securities is reiterating its “buy” on Perennial Real Estate Holdings with a $1.05 price target given the research house is positive on its medium- to long-term devel

Property

Perennial-led consortium sets up US$1.2 bil JV to develop high-speed railway linked mega healthcare developments in China

SINGAPORE (Jan 3): A Perennial Real Estate-led consortium has taken the first step to develop US$1.2 billion ($1.61 billion) worth of integrated healthcare property mega mixed developments in China

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