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Olam Group
M&A
Saudi Arabia bids to acquire Olam Agri unit at US$4 billion valuation (update)
Olam Group shares rose as much as 9.4% in Singapore on Friday, the biggest intra-day gain since Aug 13, before easing slightly.
27 days ago
Company in the news
Olam agrees to pay US$3.3 mil in settlement with Commodity Futures Trading Commission
In its Sept 28 statement, Olam says the settlement neither admits or denies the CFTC’s findings.
September 28, 2024
Company in the news
Olam Group subsidiary obtains JPY46.5 bil medium-term samurai loan facility
Proceeds from the facility will be applied towards refinancing of ofi’s existing loans and general corporate purposes.
September 17, 2024
Results
Olam’s 1HFY2024 earnings up 0.4% y-o-y to $48.1 mil, ebit up 8.3% y-o-y to $888 mil on growth from OFI
Olam has declared an interim dividend of 3 cents per share for the period.
August 14, 2024
Stocks To Watch
Olam: From Muddy Waters to IPO plans
As of now, neither one of the IPOs planned has materialised.
July 18, 2024
Company in the news
Olam Group subsidiary ofi secures US$1.8 bil multi-tranche loan facility
Olam announced the planned IPO and demerger of ofi back in August 2021.
June 26, 2024
Company in the news
Olam Agri secures US$550 mil revolving credit facility
Proceeds will be applied towards refinancing of Olam Agri’s existing loans.
June 25, 2024
Sustainability
Olam's ofi announces new 2030 targets and action plans for resilient ingredient supply chains
Olam's ofi announces new sustainability targets.
June 18, 2024
Offer
Olam ups its takeover offer for Namoi to 70 Australian cents
Shares in Olam Group closed flat at $1.16 on May 7.
May 08, 2024
Singapore news
DBS remains as Singapore’s most valuable brand, while MBS becomes strongest brand in 2024
This year, DBS's brand value rose by 5% y-o-y to US$11 billion ($14.88 billion), making it Singapore's most valuable brand.
May 07, 2024