Olam's public float below 10% on issuance of shares
The group says shareholders should exercise caution in dealing with the shares or securities of the firm
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Singapore
OLAM International Limited said after trading hours on Friday that as a result of the issuance of new shares, the percentage of its shares held in public hands has fallen below 10 per cent to approximately 9.31 per cent.
Under the listing rules of the Singapore Exchange (SGX), trading in Olam's shares might be suspended.
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