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Olam Group tumbles 8% after announcing delay in OFI listing plans

The food ingredients unit cites market conditions for IPO holdup amid ongoing Ukraine conflict

Michelle Zhu

Michelle Zhu

Published Fri, Mar 25, 2022 · 05:50 AM
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Singapore

SHARES of Olam Group fell as much as 8 per cent on Thursday (Mar 24) after the group's food ingredients unit OFI announced a delay in its plans for an initial public offering (IPO).

As at the open of trade, the counter plunged …

SEE ALSO
Olam Agri proposes to acquire Australia’s Namoi Cotton for A$122 million
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