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Wilmar International ( (SG:F34) ) just unveiled an update.
Yihai Kerry Arawana Holdings Co., Ltd held an investor briefing where it was disclosed that Guangzhou Yihai, a subsidiary, was found guilty as an accomplice in a contract fraud case. This legal issue may impact the company’s reputation and stakeholder trust, given its previous accolades and substantial tax contributions.
The most recent analyst rating on (SG:F34) stock is a Buy with a S$3.50 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
Yihai Kerry Arawana Holdings Co., Ltd, operating under the stock name Arawana, is involved in the processing, sales, warehousing, and transit services of edible oils and related products. The company has been recognized for its quality and social responsibility, earning titles such as ‘China Quality Integrity Enterprise’ and ‘National-Level Grain Emergency Support Enterprise.’
Average Trading Volume: 6,943,480
Technical Sentiment Signal: Strong Buy
Current Market Cap: S$20.29B
For a thorough assessment of F34 stock, go to TipRanks’ Stock Analysis page.