SUBSCRIBERS

Corporate digest

Published Tue, Nov 21, 2017 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

Olam International

OLAM International's founding group Kewalram Singapore has raised its stake in the agri-commodity trader for the first time since 2012. Olam said that Kewalram Singapore's interest in the firm has increased to 7.2 per cent, from 4.4 per cent earlier, after exercising its warrants to acquire 90.3 million voting shares. As a result of the warrant conversion, Temasek Holdings' stake in Olam has been reduced from 56.48 per cent to 54.83 per cent.

Sembcorp Industries

Copyright SPH Media. All rights reserved.