Stock to watch: Olam Group
Add BT as a preferred sourceSU HUI NATASHA LYE
DeeperDive is a beta AI feature. Refer to full articles for the facts.
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.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Beijing’s calculated silence on the Iran war
Middle East-linked energy supply shocks put Asean Power Grid back in focus
