Olam shortlists six bourses for big IPO of food ingredients unit
CEO Sunny Verghese says Singapore is among at least six being considered
Add BT as a preferred source
Singapore
OLAM International has short-listed six rival exchanges including the Singapore Exchange, as a potential venue of choice for the mega listing of its giant food ingredients unit sometime in the second quarter of next year, said the firm's head honcho.
"We are keeping an open mind and doing a very careful assessment... (of) many competing venues. Singapore is definitely in contention but we are looking at a few others - at least half a dozen exchanges," Olam's co-founder and group chief executive Sunny Verghese told The Business Times in an interview.
TRENDING NOW
Koh Brothers Eco Engineering faces up to S$57.6 million in potential legal liabilities
Too little, too late? Manila’s billion-dollar bid to ignite its sputtering EV industry
When every phone becomes a satellite phone, what happens to Asia’s telcos?
Father-and-son duo Raj Kumar and Kishin in exclusive due diligence to buy Scotts Square
