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Olam to list new food ingredients unit first: CEO

He says IPO of OFI likely to come first in two years, followed by that of agri unit

Anita Gabriel

Published Thu, Jan 30, 2020 · 09:50 PM

Singapore

AGRI-FOOD behemoth Olam International Ltd's (OIL) big reshuffle could see the listing of the food ingredients unit first in two years, followed a year later by the agricultural supply business with the parent owning 75-80 per cent of the carved-out entities post initial public offering, said the group's head honcho.

"If one goes…