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Stock to watch: Olam Group

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SU HUI NATASHA LYE

Published Wed, Aug 24, 2022 · 08:31 AM
    • Shares of Olam ended Tuesday S$0.01 or 0.7 per cent lower at S$1.48.
    • Shares of Olam ended Tuesday S$0.01 or 0.7 per cent lower at S$1.48. PHOTO: BT FILE

    The following company saw new developments that may affect trading of their securities on Wednesday (Aug 24):

    Olam Group : Its food, feed and fibre operating business Olam Agri has secured a US$2.9 billion facility from a group of 16 lenders, announced the group on Wednesday. The loan is based on Poseidon Principles, a framework for integrating climate considerations into lending decisions to promote international shipping’s decarbonisation. Shares of Olam ended Tuesday S$0.01 or 0.7 per cent lower at S$1.48.

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