Olam

It posts an almost-six-time rise in net profit to S$1.9 billion for its first half year ended Jun 30

This is the first of two tranches in company’s planned disposal of its remaining interest in Olam Agri to Saudi fund

Proposed sale is the first of two tranches in the group’s US$2.6 billion divestment of its remaining stake in the agribusiness unit

The changes will be effective from the group’s fifth AGM on Apr 27, 2026

Agri-food giant will also spend US$100 million annually with the global tech company for eight years to upgrade its technology

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Apr 6):

Proceeds will be used for refinancing ofi’s existing loans and general corporate purposes

The group is selling its 44.58% stake to Saudi Agricultural and Livestock Investment Company

The group has obtained approvals from all jurisdictions – save for one – for the sale of its 44.58% stake in Olam Agri