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Olam Group
Insider moves
Olam shores up with buybacks; Union Steel insiders in the market
Olam's shares dropped further it confirmed it has posted bail for a director at its Nigerian subsidiary
September 13, 2023
Company in the news
Olam confirms paying bond to secure release of director (update)
According to the Daily Nigerian, the amount for the bond was $1 billion Nigerian dollars ($1.9 million).
September 13, 2023
Company in the news
Olam Group denies fraud allegations reported in African publications (update)
Olam Group said that it refutes all “baseless and inflammatory statements” made in the articles.
September 11, 2023
Company in the news
Olam Food Ingredients prices US$125 mil private placement in US
There were US$25 million worth of five-year floating rate notes and US$100 million worth of seven-year floating rate notes.
September 04, 2023
Company in the news
Keppel REIT replaces Olam Group in STI reserve list
The changes from the latest review will take effect at the start of business on Sept 18.
August 31, 2023
Results
Olam Group to report ‘materially lower’ 1HFY2023 patmi due to lower crop yield and higher interest costs
The group will be releasing its mid-year results after trading hours on Aug 11.
July 26, 2023
IPO
Olam Agri IPO not happening in 1H2023
The company continues to pursue Olam Agri IPO at the next practical window.
May 30, 2023
Company in the news
Olam Agri secures US$615 mil financing facility
The facility is initially guaranteed by Olam Group. This will transfer to Olam Agri after its planned IPO and demerger.
March 14, 2023
Company in the news
Olam sees prices and supply chain woes easing; geopolitical uncertainties persist
The company will soon be seeking shareholder approval for the concurrent Olam Agri IPO both on the SGX and Tadawul.
March 02, 2023
Finance
CLAS displaces Golden Agri-Resources from STI's reserve list following quarterly review
There are no changes to the 30-member index
March 02, 2023