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Olam Group
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.
August 31, 2023
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.
July 26, 2023
IPO
Olam Agri IPO not happening in 1H2023
The company continues to pursue Olam Agri IPO at the next practical window.
May 30, 2023
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.
March 14, 2023
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.
March 02, 2023
Finance
CLAS displaces Golden Agri-Resources from STI's reserve list following quarterly review
There are no changes to the 30-member index
March 02, 2023
Results
Olam Group reports 2HFY2022 earnings of $200.0 mil, 24.5% lower y-o-y
A second and final dividend of 4.5 cents has been recommended, bringing the group's FY2022 dividend to an unchanged 9.5 cents.
February 27, 2023
IPO
Olam Agri’s IPO rides on the back of enhanced global focus on food security
Acknowledging reports claiming that the IPO is seeking to raise up to US$1 billion, Verghese says the size is still undetermined.
January 12, 2023
Commodities
Olam's spin off is timely
Olam Agri has chosen the correct moment to expand.
January 12, 2023
IPO
Olam Group to list Olam Agri as early as 1H2023
The IPO will have its primary listing in Singapore and a potential concurrent listing in Saudi Arabia.
January 10, 2023