Olam Group

No evidence that Olam Nigeria was involved in fraud allegations, says Olam - THE EDGE SINGAPORE

Company in the news

No evidence that Olam Nigeria was involved in fraud allegations, says Olam

No charges were also brought against Olam Nigeria by the authorities after their investigations.
Olam shores up with buybacks; Union Steel insiders in the market - THE EDGE SINGAPORE

Insider moves

Olam shores up with buybacks; Union Steel insiders in the market

Olam's shares dropped further it confirmed it has posted bail for a director at its Nigerian subsidiary
Olam confirms paying bond to secure release of director - THE EDGE SINGAPORE

Company in the news

Olam confirms paying bond to secure release of director (update)

According to the Daily Nigerian, the amount for the bond was $1 billion Nigerian dollars ($1.9 million).
Olam Group denies fraud allegations reported in African publications (update) - THE EDGE SINGAPORE

Company in the news

Olam Group denies fraud allegations reported in African publications (update)

Olam Group said that it refutes all “baseless and inflammatory statements” made in the articles.

Company in the news

Olam Food Ingredients prices US$125 mil private placement in US

There were US$25 million worth of five-year floating rate notes and US$100 million worth of seven-year floating rate notes.

Company in the news

Keppel REIT replaces Olam Group in STI reserve list

The changes from the latest review will take effect at the start of business on Sept 18.

Results

Olam Group to report ‘materially lower’ 1HFY2023 patmi due to lower crop yield and higher interest costs

The group will be releasing its mid-year results after trading hours on Aug 11.
Olam Agri IPO not happening in 1H2023 - THE EDGE SINGAPORE

IPO

Olam Agri IPO not happening in 1H2023

The company continues to pursue Olam Agri IPO at the next practical window.

Company in the news

Olam Agri secures US$615 mil financing facility

The facility is initially guaranteed by Olam Group. This will transfer to Olam Agri after its planned IPO and demerger.

Company in the news

Olam sees prices and supply chain woes easing; geopolitical uncertainties persist

The company will soon be seeking shareholder approval for the concurrent Olam Agri IPO both on the SGX and Tadawul.
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