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Olam International Ltd (OLAM.SI)

OLAM.SI on Stock Exchange of Singapore

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24 Feb 2017
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Latest Key Developments (Source: Significant Developments)

Olam and Mighty Earth agree to collaborate
Tuesday, 21 Feb 2017 05:58pm EST 

Olam International Limited - : Olam and Mighty Earth agree to collaborate on forest conservation and sustainable agriculture . Mighty earth agreed to suspend its current campaign targeting olam's oil palm and rubber operations for a year, including its complaint to fsc .Olam agreed to suspend further land clearing of forest in gabon for palm and rubber plantations for a year.  Full Article

BRIEF-Olam International plans to repurchase perpetual capital securities
Wednesday, 8 Feb 2017 09:19am EST 

Corrects headline to say company plans to repurchase perpetual capital securities, not shares.Olam International Ltd :Intention to repurchase up to S$235.8 million principal amount of securities for cash in open market.  Full Article

Olam International announces buyback of shares
Tuesday, 7 Feb 2017 07:52pm EST 

Olam International Ltd - :Intention to repurchase up to s$235.8 million principal amount of securities for cash in open market.  Full Article

Olam International announces buyback of shares
Tuesday, 7 Feb 2017 06:27pm EST 

Olam International Ltd - :Intention to repurchase up to s$235.8 million principal amount of securities for cash in open market.  Full Article

Olam International says resignation of Kwa Chong Seng as Chairman
Monday, 29 Aug 2016 05:30am EDT 

Olam International Limited : Accepted the resignation of kwa chong seng as chairman and director of the board with effect from December 31, 2016 .  Full Article

Olam says Temasek Holdings (Private) Ltd now holds 52 pct of voting shares/units
Thursday, 25 Aug 2016 07:11am EDT 

Olam International Limited : Temasek holdings (private) limited now holds 52 percent of voting shares/units versus 51.98 percent earlier .  Full Article

Olam CFO expects cotton margins to remain under pressure in 2016
Thursday, 11 Aug 2016 11:15pm EDT 

: Olam CFO expects coffee business to continue to perform well for rest of year . Olam CFO expects cotton margins to remain under pressure for rest of the year . Olam CEO says global cocoa deficit seen at 320,000 tonnes for 2015/2016 (Reporting by Aradhana Aravindan and Marius Zaharia) ((marius.zaharia@thomsonreuters.com;)).  Full Article

Olam International Ltd updates on long-term outlook
Thursday, 11 Aug 2016 07:11pm EDT 

Olam International Limited : "Long-term trends in the agri-commodity sector remain attractive" . Expects 30:70 joint venture with Mitsubishi Corporation, Mc Agri Alliance, to commence operations by October 1 this year .  Full Article

Olam International qtrly net profit S$114.9 million
Thursday, 11 Aug 2016 07:11pm EDT 

Olam International Limited : Half yearly results . Qtrly sale of goods and services S$4.98 billion versus S$4.81 billion . Board of directors has declared an interim (one-tier tax exempt) ordinary dividend of 3.0 cents per share . Q2 net profit S$114.9 million versus S$95.8 million .  Full Article

Olam International acquires Brooks Peanut Co for US$85 mln
Wednesday, 8 Jun 2016 07:11pm EDT 

Olam International Limited : Acquired a 100.0% interest in Brooks Peanut Company (Brooks) at an enterprise value of US$85.0 million . Acquisition will be earnings accretive from the beginning . Expected to be earnings accretive in 2016 . Says the acquisition will be funded by a combination of internal accruals and existing debt facilities . Transaction is expected to be completed by Q3 2016 . Transaction expected to meet the targeted EBITDA on invested capital range of 13.0% to 16.0% from the first full year of operations in 2017 .  Full Article

More From Around the Web

BRIEF-Olam and Mighty Earth agree to collaborate

* Olam and Mighty Earth agree to collaborate on forest conservation and sustainable agriculture