Olam to seek shareholders' approval for listing of food ingredients arm
Add BT as a preferred sourceClaudia Tan HS
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.
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