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Wilmar International ( (SG:F34) ) just unveiled an announcement.
Wilmar International Limited announced that the Indonesian Supreme Court has overturned the acquittals of its subsidiaries and other major palm oil groups on charges related to actions during a cooking oil shortage in Indonesia. The company maintains that its actions were compliant with regulations and done in good faith, despite the court’s decision, which has significant implications for its operations and stakeholders in the region.
The most recent analyst rating on (SG:F34) stock is a Hold with a S$3.00 price target. To see the full list of analyst forecasts on Wilmar International stock, see the SG:F34 Stock Forecast page.
More about Wilmar International
Wilmar International Limited is a Singapore-based company operating in the agribusiness industry. It is primarily involved in the production and distribution of palm oil and other agricultural commodities, with a significant focus on the Asian markets.
Average Trading Volume: 6,219,533
Technical Sentiment Signal: Strong Sell
Current Market Cap: S$18.17B
See more data about F34 stock on TipRanks’ Stock Analysis page.