Olam to seek shareholders' approval for listing of food ingredients arm
Add BT as a preferred sourceClaudia Tan HS
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
OLAM International will be seeking shareholders' approval for the proposed carving out and subsequent listing of its food ingredients arm by way of a scheme of arrangement, the agri-business company announced on Tuesday (Dec 14).
The company plans to undertake a series of transactions to reorganise its business portfolio into 3 operating groups for the subsequent listing of its Olam Food Ingredients (OFI) unit to take place.
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
Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss
Beijing’s calculated silence on the Iran war
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
