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Sunny Verghese
Commodities
Olam's spin off is timely
Olam Agri has chosen the correct moment to expand.
January 12, 2023
IPO
Olam Agri IPO can only be launched after the next two years, says Olam CEO Sunny Verghese
This follows an earlier announcement that SALIC is acquiring a 35.4% substantial minority stake in Olam Agri for US$1.24 bil.
March 25, 2022
Russia-Ukraine crisis
Olam Food Ingredients postpones IPO planned for 2Q this year
One of them includes Sunny Verghese, group CEO of Olam Group.
March 24, 2022
Environmental, Social and Governance
Companies need 'granular pathways' for sustainability but who's paving them?
"I can tell you not one of us has a clue of how we are going to get there."
October 06, 2021
Results
Olam reports 26.6% higher 1Q earnings of $143.9 mil on improved operational performance
SINGAPORE (May 15): Commodities trader Olam International announced $143.9 million in earnings for 1Q17, representing a 26.6% increase from $113.6 million in the previous year.
May 15, 2017
Olam reveals full list of palm suppliers ahead of critical NGO report
SINGAPORE (Dec 13): Calling itself a “small player” in third-party palm oil sourcing, Olam International on Monday revealed its full suppliers list, ahead of a report criticising its palm operations in Gabon.
December 13, 2016
Results
Olam 3Q earnings fall 8.6% to $20.5 mil
SINGAPORE (Nov 14): Olam International has posted 3Q earnings down 8.6% to $20.5 million in 3Q16, compared to $22.5 million in the same quarter last year.
November 14, 2016
Commodity trader Olam hunts bolder deals after US$2 bil spree
(Sept 14): Olam International, one of the world’s largest food commodities traders, is targeting more acquisitions next year after a US$2 billion ($2.7 billion) spree since late 2014 involving deals in cocoa, peanuts and wheat.
September 15, 2016