Wilmar

Wilmar: Made its first share buybacks since approvals were granted. Over the past two , Wilmar bought back a total of 3.8m shares at between $2.96 - $3 each, establishing a solid price support base . Wilmar has a buyback mandate for 639.9m shares in total, or 10% of shares out. BNP maintians its Buy rating and SOTP based TP of $3.70.