Wilmar International (SGX:F34) Stock: Legal Storms, India Bet and 2026 Outlook After a Fresh Downgrade
Wilmar International shares closed at S$3.22 on 2 December 2025, down 0.9% after Aletheia Capital downgraded the stock to “sell” and cut its target price to S$2.50. The move follows a Chinese court ruling against a Wilmar unit for contract fraud, exposing the group to S$345.6 million in liabilities. Wilmar’s stock has gained 4.6% over 12 months but faces ongoing legal challenges in China and Indonesia.