Since May 2014, after Temasek took majority control of Olam International in the wake of short-selling attacks, the food and agri-business company has focused much on generating better operating efficiency throughout its sprawling supply chain network.

In January 2019 — as part of its strategic plan for 2019–2024 — Olam set aside some US$3.5 billion to strengthen businesses with high growth potential. It would also help the company focus on products deemed healthier and set up supply chains that are traceable. The company had also earmarked assets worth US$1.6 billion for divestment.

When the exercise was completed at the end of last year, Olam announced plans to reorganise its businesses into two distinct operating groups focusing on food ingredients and global agri-business.

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