Olam
Olam shares rise 8% following regulatory approval to divest partial stake of agribusiness unit
This is the first of two tranches in company’s planned disposal of its remaining interest in Olam Agri to Saudi fund
Olam gets nod from final jurisdiction to divest 44.58% of Olam Agri to Saudis
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
Olam chairman Lim Ah Doo, group CEO Sunny Verghese to step down in leadership reshuffle
The changes will be effective from the group’s fifth AGM on Apr 27, 2026
Olam selling IT and digital services unit Mindsprint to Wipro for US$375 million
Agri-food giant will also spend US$100 million annually with the global tech company for eight years to upgrade its technology
Stocks to watch: Olam Group, Geo Energy Resources
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Apr 6):
Olam unit bags 1.1 billion euro dual-tranche loan facility
Proceeds will be used for refinancing ofi’s existing loans and general corporate purposes
Olam to guarantee US$100 million loan for Olam Agri until unit is sold
The group is selling its 44.58% stake to Saudi Agricultural and Livestock Investment Company
Olam H2 earnings jump 213.4% as continuing operations improve; final dividend withheld amid restructuring
The group has obtained approvals from all jurisdictions – save for one – for the sale of its 44.58% stake in Olam Agri
Firmer palm oil prices lift SGX agri stocks ahead of H2 results, but Indonesia risks cloud outlook
Market watchers expect the strong streak from earlier in FY2025 to continue, but individual companies face potential downside risks
Olam advances 32.4% stake sale of port operator following key lender approvals
The company intends to divest its stake in Arise P&L for US$175 million
