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Olam in a very good place today: CEO

It has refocused its strategy after a shortseller attack three years ago and is now back on its growth trajectory

Published Thu, Oct 29, 2015 · 09:50 PM

Singapore

THREE years after a damaging shortseller attack sent shares of Olam International spiralling to unseen depths, the company has firmly emerged from the shadow of the crisis and is now set on the growth trajectory again.

This comes after the firm refocused its strategy and changed "several things" following the saga.

Chief among these were efforts made to realign its shareholder base, Olam's CEO Sunny Verghese told The Business Times in an interview.

"We had a situation three years ago where a significant part of our shareholders had very short sharehold…

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