Olam Group

Olam Group reports 2HFY2022 earnings of $200.0 mil, 24.5% lower y-o-y - THE EDGE SINGAPORE

Results

Olam Group reports 2HFY2022 earnings of $200.0 mil, 24.5% lower y-o-y

A second and final dividend of 4.5 cents has been recommended, bringing the group's FY2022 dividend to an unchanged 9.5 cents.

IPO

Olam Agri’s IPO rides on the back of enhanced global focus on food security

Acknowledging reports claiming that the IPO is seeking to raise up to US$1 billion, Verghese says the size is still undetermined.

Commodities

Olam's spin off is timely

Olam Agri has chosen the correct moment to expand.
Olam Group to list Olam Agri as early as 1H2023 - THE EDGE SINGAPORE

IPO

Olam Group to list Olam Agri as early as 1H2023

The IPO will have its primary listing in Singapore and a potential concurrent listing in Saudi Arabia.

Company in the news

Olam Agri secures US$2 bil bridge loan facility to support group reorganisation plan

The transaction provides Olam Agri wit significant financial flexibility while the group continues on its reorganisation pathway.
Olam Food Ingredients cites market stability and fair valuation as catalysts for eventual IPO - THE EDGE SINGAPORE

Company in the news

Olam Food Ingredients cites market stability and fair valuation as catalysts for eventual IPO

OFI is not looking at another bull run — instead, it is waiting for stability in the market.

Funds

Olam Food Ingredients secures inaugural sustainability-linked loan of US$1.98 bil

The facility comprises a two- and three-year revolving credit facility (RCF) and a three-year term loan.

Sustainability

Olam Agri secures US$2.9 bil loan based on responsible ship finance principles

Proceeds from the facility will go towards the refinancing of Olam Agri’s existing loans and for general corporate purposes.

Company in the news

Olam Agri secures $1.03 bil medium term loan facility

Proceeds from the facility will be applied towards the refinancing of Olam Agri’s existing loans for general corporate purposes.
Don't forget the NOW sector - THE EDGE SINGAPORE

Commodities

Don't forget the NOW sector

Investors may ignore Olam and Wilmar at their peril.
×