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New major shareholder, but no change in strategy: Olam

The company posts Q4 net profit of S$31.8 million, down 43.9 per cent
Saturday, August 30, 2014 - 06:00

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NEARING GOAL The group missed its target of achieving positive free cash flow by FY2014, but Mr Verghese says crossing that line continues to be a priority for the firm. - ST FILE PHOTO

Singapore EVEN with a new major shareholder in Temasek Holdings, Olam International will remain focused on its strategy of generating free cash flow more quickly and optimising its balance sheet. "I believe that all our shareholders believe we're heading in the right direction, and are patient

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