SINGAPORE Nov 20 Singapore commodities firm
Olam International said on Tuesday it could fund
operations for 18 months if it got shut out of debt markets as a
result of allegations over its accounting by short-seller Muddy
On a conference call with media and analysts, company
officials also said Olam would consider share buybacks if it
felt its share price was at unfairly low levels.
Muddy Waters founder Carson Block questioned Olam's
accounting practices at a conference in London on Monday,
sending Olam shares tumbling as much as 11 percent in heavy
volume in Singapore trading.
(Reporting by Kevin Lim)