26-04-2023, 09:31 PM
From Wilmar's AGM minutes:
Q19) Wilmar’s share price is underperforming, will the Company consider a secondary listing on another stock exchange?
A19) We are considering various options to help unlock the potential of our share price.
Tapping the brains of valuebuddies here. Are there many options? What can there be other than the usual of: (a) share buyback, (b) higher dividend, and © selling more shares of its listed China subsidiary (Yihai Kerry Arawana)?
How would the mechanics of © work? Yihai Kerry Arawana is already listed. Can Wilmar just go into the market to sell more shares of YKA to the public?
Q19) Wilmar’s share price is underperforming, will the Company consider a secondary listing on another stock exchange?
A19) We are considering various options to help unlock the potential of our share price.
Tapping the brains of valuebuddies here. Are there many options? What can there be other than the usual of: (a) share buyback, (b) higher dividend, and © selling more shares of its listed China subsidiary (Yihai Kerry Arawana)?
How would the mechanics of © work? Yihai Kerry Arawana is already listed. Can Wilmar just go into the market to sell more shares of YKA to the public?