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New appointments
Olam Group appoints new directors to Olam Agri's board
The appointments are effective on July 1.
July 03, 2023
Company in the news
Olam Food Ingredients secures two-year US$250 mil loan with DBS and ICBC
Proceeds from the facility will go towards the refinancing of ofi’s existing loans and for general corporate purposes.
January 03, 2023
M&A
Olam Food Ingredients to acquire Canada's Club Coffee for $161.7 mil
The acquisition is expected to be accretive to ofi’s current year earnings.
April 26, 2022
Results
Olam International back to black with earnings of $264.9 mil in 2HFY2021; declares second interim dividend of 4.5 cents
OFI will also aim to list in 2Q2022, with a concurrent primary listing in London and a secondary listing in Singapore.
February 28, 2022
Company in the news
Olam signs definitive agreements to divest remaining stakes in ARISE IIP and ARISE IS for $253.8 mil
Shares in Olam closed flat at $1.79 on Feb 11.
February 12, 2022
Company in the news
Olam acquires 10% stake in Saudi flour mill company for $18 mil
This acquisition is part of Olam's entry strategy into the Kingdom of Saudi Arabia.
December 01, 2021
Covid-19
Olam joins Temasek, Singapore Airlines, in providing support and relief to India
The coalition will source and airlift essential medical equipment to meet critical oxygen needs in India.
May 07, 2021
Company in the news
Olam International awarded joint bid to acquire one of Saudi flour mills offered for privatisation
Olam says it intends to participate as a technical partner with a minority stake in the transaction.
May 06, 2021
Deals, joint ventures & alliances
Olam enters into 50:50 JV with Mondelez International to create world's largest sustainable commercial cocoa farm
The partnership seeks to create some 700 jobs for local residents in the area.
April 21, 2021
Company in the news
Olam prices US$100 mil 5-year notes through private placement
Shares in Olam closed flat at $1.66 on March 24.
March 25, 2021