Yihai Kerry Arawana (YKA)

Wilmar's share price drop following China subsidiary's listing debut is a "surprise" - THE EDGE SINGAPORE

Broker's Calls

Wilmar's share price drop following China subsidiary's listing debut is a "surprise"

Wilmar International saw its share price despite the success of its 89.99%-owned Chinese subsidiary Yihai Kerry Arawana’s (YKA) IPO on Oct 15.

Wilmar shares drop over 7% following China IPO - THE EDGE SINGAPORE

SGX query

Wilmar shares drop over 7% following China IPO

Shares in Wilmar International dropped over 7% to $4.295 at 10.14am, less than an hour after its 89.88%-owned subsidiary Yihai Kerry Arawana (YKA) made its debut on China’s Shenzhen Stock Exchange

Smooth sailing ahead for Wilmar - THE EDGE SINGAPORE

Broker's Calls

Smooth sailing ahead for Wilmar

RHB Group Research is reiterating its “buy” call on Wilmar International with a target price of $5.45, as its outlook seems positive.

STI up by 1.1% following recent spate of good news - THE EDGE SINGAPORE

STI watch

STI up by 1.1% following recent spate of good news

The benchmark Straits Times Index (STI) gained 1.1% to 2,510.56 points from last week’s 2,483.01 points.

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