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Wilmar International ( (SG:F34) ) has shared an announcement.
Yihai Kerry Arawana Holdings Co., Ltd has announced that its subsidiary, Guangzhou Yihai, is involved in a legal proceeding concerning a criminal case. The subsidiary has lodged an appeal against a first-instance criminal judgment, and the second-instance hearing is yet to commence. The outcome of this legal matter remains uncertain, and its potential impact on the company’s current and future profits is not yet clear.
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
Wilmar International, through its subsidiary Yihai Kerry Arawana Holdings Co., Ltd, operates in the oils and grains industry, focusing on the production and distribution of edible oils and related products. The company is a significant player in the market, with a strong presence in China.
Average Trading Volume: 7,080,668
Technical Sentiment Signal: Buy
Current Market Cap: S$20.16B
For detailed information about F34 stock, go to TipRanks’ Stock Analysis page.