Far East Agri

Company in the news

Olam to divest 50% stake in Indonesian sugar joint venture for up to US$85 mil

Olam will book a post-tax capital gain of approximately US$37.5 million to US$40.0 million.


Olam sells 50% stake in Indonesian subsidiary to Mitr Phol for $135 mil

SINGAPORE (Dec 18): Olam International is selling a 50% stake in its wholly-owned subsidiary, Far East Agri, for US$100 million ($135 million) to Mitr Phol Sugar Corporation, Asia’s largest and the world’s fourth largest sugar producer.