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Wilmar reports record 3Q core net profit of US$501.4 mil - THE EDGE SINGAPORE

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Wilmar reports record 3Q core net profit of US$501.4 mil

Wilmar International, Asia’s leading agribusiness group reported net profit of US$536.6 million ($732.5 million) for the 3QFY2020 ended September, up 20% from the net profit of US$447.1 million the

Wilmar subsidiary IPO shares to commence trading on Oct 15 - THE EDGE SINGAPORE

IPO

Wilmar subsidiary IPO shares to commence trading on Oct 15

Wilmar International on Oct 14 announced that 542,159,154 new shares representing 10% of Yihai Kerry Arawana (YKA)’s enlarged issued share capital have been allotted to investors for the listing of

Wilmar subsidiary to IPO at issue price of $5.16; expects to raise $2.79 bil - THE EDGE SINGAPORE

IPO

Wilmar subsidiary to IPO at issue price of $5.16; expects to raise $2.79 bil

Wilmar’s 99.99%-owned subsidiary Yihai Kerry Arawana Holdings (YKA) has determined the issue price for its China IPO at RMB25.70 ($5.16) per YKA share.

Investing ideas

Wilmar's YKA Shenzhen listing to raise visibility of China business

SINGAPORE (July 16): The Arawana brand of cooking oil in China -- with its large Chinese characters “Jin Long Yu” in gold and distinctive image of the popular tropical aquarium fish – is well known

Saxo clients can now trade China A-shares listed on Shanghai, Shenzhen stock exchanges

(June 19): Clients of Saxo, the fintech specialist focused on multi-asset trading and investing, can now trade China A-shares listed on the Shanghai and Shenzhen stock exchanges.

Global Economy

GLP gets green light to issue onshore Belt & Road bonds in China

SINGAPORE (Jan 5): Global Logistic Properties (GLP) has received approval from the China Securities Regulatory Commission (CSRC) to issue up to RMB 12 billion ($2.46 billion) of RMB-denominated ‘Be

Shenzhen Stock exchange

Global Markets

Shenzhen opens stock market up to the world, is little noticed

HONG KONG (Dec 6): Almost lost in the barrage of antagonistic tweets by Donald Trump and the results of the Italian referendum was the opening up of China’s second-largest equity market to the rest

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