| Latest Forum Topics / Olam Intl |
 Post Reply
|
|
OLAM_OLAM
|
|||||
|
PhillipTan
Supreme |
02-Dec-2021 08:47
|
||||
|
x 0
x 0 Alert Admin |
Olam secures US$150m loan to purchase sustainable cottonFood and agri-business company Olam International has secured a US$150 million ($205 million) loan linked to the procurement of sustainable cotton under the Better Cotton Initiative (" BCI" ).Natixis is sole lender and BCI Coordinator for the loan which has a 2-year tenor. Olam says proceeds from the loan will be used for procurement of sustainable cotton. N Muthukumar, Group CFO of Olam said: " This facility supports Olam' s procurement of sustainable cotton via the Better Cotton Initiative, while combining Olam' s operational ability, leadership position in cotton and sustainability focus with the banks' objective of supporting more financing linked to sustainable activities." BCI is the world' s leading sustainability initiative for cotton. Its mission is to help cotton communities survive and thrive, while protecting and restoring the environment. Its membership includes stakeholders who span the industry, including farmers, suppliers, manufacturers, and brand owners, retailers, with more than 2,100 members. Currently, over 2.4 million farmers now have a licence to sell their cotton as Better Cotton. Olam says it has been " actively involved" with BCI since 2009 and works with smallholder farmers in Africa to produce cotton more sustainably, increase yields through better agronomy and positively impact the livelihoods of farming communities. |
||||
| Useful To Me Not Useful To Me | |||||
|
FATABA
Supreme |
02-Dec-2021 08:44
|
||||
|
x 0
x 0 Alert Admin |
Safe and sound w T as major sh Further global supply chain and food is coming to be most important factor in this period. OLam has good supply chain from start to end . T is having great foresight to control this Olam . Wait for its LSE n SGX listing Q1/Q2 Dyodd
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
Superwhite
Senior |
02-Dec-2021 08:40
Yells: "Super White lah" |
||||
|
x 0
x 0 Alert Admin |
Under Big Brother T support lah.
|
||||
| Useful To Me Not Useful To Me | |||||
|
shadow
Veteran |
01-Dec-2021 18:46
|
||||
|
x 0
x 0 Alert Admin |
Coffee prices are at 10-year highs, and analysts say they have much further to go PUBLISHED WED, DEC 1 20211:45 AM EST https://www.cnbc.com/2021/12/01/coffee-could-rally-for-years-after-hitting-10-year-high-analysts-say.html Olam Coffee (OFI) likely reaping good profit? |
||||
| Useful To Me Not Useful To Me | |||||
|
FATABA
Supreme |
01-Dec-2021 14:41
|
||||
|
x 0
x 0 Alert Admin |
Olam is having strong support while many share crashed yesterday. OFI is a U$9.1B revenue EBIT U$551 , I wonder what price it can get on LSE and SGX. Will there be a special dividend to SH ? DYODD Happy investing. |
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
PhillipTan
Supreme |
01-Dec-2021 09:31
|
||||
|
x 0
x 0 Alert Admin |
Olam acquires 10% stake in Saudi flour mill company for $18.0 milFurther to the awarding of the bid to acquire one of two flour milling companies offered for privatization by the National Centre for Privatization (NCP) and the Saudi Grains Organisation (SAGO) in May, Olam says it has completed the acquisition of its 10% stake for SAR 49.5 million ($18.0 million) on Dec 1.The acquisition was made through the consortium comprising National Agricultural Development Company (NADEC), Al Rajhi International for Investment Company, Ajlan & Bros and Olam International. As a member of the consortium, Olam will participate as the technical partner with a minority stake of 10% in the joint venture company (JVCo), Food Security Holding Company. The remaining 90% will be owned by the rest of the consortium. Leveraging on its extensive experience in owning and operating flour mills in West Africa, Olam will oversee the management of plants and operations. With the completion of the acquisition, the JVCo owns manufacturing plants in three locations &ndash Riyadh, Hail and Jazan &ndash with a combined wheat milling capacity of 1.3 million metric tonnes and feed milling capacity of 180,000 metric tonnes, which service growing domestic demand. " This investment supports our strategy to expand our wheat milling footprint in key markets across Africa and the Middle East. Over the past decade, Olam has built a world-class wheat milling business and established itself as a leading miller in Africa," says Saurabh Mehra, president of Olam' s wheat milling business. " This acquisition is part of our entry strategy into the Kingdom of Saudi Arabia. The JV will allow us to leverage our best-in-class technical expertise while gaining valuable insight into doing business in the country," he adds. |
||||
| Useful To Me Not Useful To Me | |||||
|
john_ric
Supreme |
27-Nov-2021 11:04
|
||||
|
x 0
x 0 Alert Admin |
The boat sails back to pick you up | ||||
| Useful To Me Not Useful To Me | |||||
|
Ipoh123
Senior |
25-Nov-2021 16:21
|
||||
|
x 0
x 0 Alert Admin |
Enjoy long ... | ||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
ahbui8
Master |
25-Nov-2021 15:33
|
||||
|
x 0
x 0 Alert Admin |
Miss the boat 😑 Olam will be STI component soon | ||||
| Useful To Me Not Useful To Me | |||||
|
FATABA
Supreme |
25-Nov-2021 15:26
|
||||
|
x 0
x 0 Alert Admin |
Fast and furious ....this hit 1.82 today ......more to come ? OLam is one of the best food chain in this region ( Temasek control ) W the double listing for its food ingrediant in LSE and SGX ......I am certain OLam can hit new height and even a special dividend Target 1H 2022 Happy investing
|
||||
| Useful To Me Not Useful To Me | |||||
|
FATABA
Supreme |
23-Nov-2021 16:42
|
||||
|
x 0
x 0 Alert Admin |
wow ALL 175 volume cleared....marching on to 1.80 ...LOL some bb read this posting earlier haha
|
||||
| Useful To Me Not Useful To Me | |||||
|
FATABA
Supreme |
23-Nov-2021 16:20
|
||||
|
x 0
x 0 Alert Admin |
Olam might become STI component again ? recently building up vol at 1.03/4 region dyodd |
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
FATABA
Supreme |
19-Nov-2021 12:48
|
||||
|
x 0
x 0 Alert Admin |
News Release London, November 19, 2021 ---- Page 1 of 3 olam food ingredients (&ldquo ofi&rdquo ) publishes further information for investors London, November 19, 2021 &ndash ofi, a global leader in naturally good food & beverage ingredients has today published further information for investors prior to attending J.P. Morgan&rsquo s Best of British Seminar on 22 November 2021. ofi was created in early 2020 following the announcement of the re-organisation within Olam International Limited (&ldquo Olam&rdquo ) to unlock and maximize its long-term value. ofi intends to seek a primary listing on the premium segment of the London Stock Exchange, and a concurrent secondary listing in Singapore in H1 2022. &lsquo Introduction to ofi for investors&rsquo highlights ofi&rsquo s attractive portfolio and strong growth prospects, driven by a proven and repeatable growth model which is expected to deliver low to mid-single digit annual volume growth and mid to high-single digit annual EBIT growth in the medium-term. The presentation also reiterates ofi&rsquo s strong trading momentum in H1 2021, with year-on-year EBIT growth of 29.5% and continued EBIT margin expansion. &lsquo Introduction to ofi for investors&rsquo also presents the new brand identity for ofi. Brought to life in ofi&rsquo s recent ad and dedicated website, the brand underlines ofi&rsquo s thrust and focus as it shakes up the market with fresh thinking and solutions that help food and beverage companies meet the growing consumer demand for natural, healthy, and sustainably sourced cocoa, coffee, dairy, nuts, and spices products. | ||||
| Useful To Me Not Useful To Me | |||||
|
FATABA
Supreme |
07-Oct-2021 13:30
|
||||
|
x 0
x 0 Alert Admin |
Wow who is this bb ?? block at 1.75 w 1M lot or so ......hard to fall below this . Dyodd |
||||
| Useful To Me Not Useful To Me | |||||
|
Joelton
Supreme |
07-Oct-2021 12:33
|
||||
|
x 0
x 0 Alert Admin |
Olam unit secures 26.7b yen medium-term samurai loan facility
OLAM International' s Olam Intl: O32 0% wholly-owned unit Olam Treasury has secured a medium-term samurai loan facility of 26.7 billion yen (S$324.7 million) in the Japanese market, the mainboard-listed group announced on Wednesday.
Samurai loans are yen-denominated, cross-border syndicated loans issued in Japan to overseas borrowers.
Guaranteed by Olam, the facility comprises a three-year tranche of 20.7 billion yen, as well as a five-year tranche of six billion yen.
Proceeds will be used to refinance Olam Treasury' s existing loans and for general corporate purposes, said the group.
MUFG Bank, Mizuho Bank, Sumitomo Mitsui Banking Corporation (Singapore) and the Development Bank of Japan are the mandated lead arrangers and bookrunners for the facility. MUFG acted as the facility agent.
|
||||
| Useful To Me Not Useful To Me | |||||
|
FATABA
Supreme |
06-Oct-2021 10:14
|
||||
|
x 0
x 0 Alert Admin |
Large married deal earlier. must clear 1.79 resistance For long term investor .....I think more good news coming end year esp the listing LSE Dyodd
|
||||
| Useful To Me Not Useful To Me | |||||
|
flylow6
Senior |
06-Oct-2021 09:46
|
||||
|
x 0
x 0 Alert Admin |
very stong support at 1.75.. can clear 1.8 this week ? |
||||
| Useful To Me Not Useful To Me | |||||
|
PhillipTan
Supreme |
01-Oct-2021 11:51
|
||||
|
x 0
x 0 Alert Admin |
Dé jà vu Hahahahahaha
|
||||
| Useful To Me Not Useful To Me | |||||
|
Joelton
Supreme |
01-Oct-2021 09:43
|
||||
|
x 0
x 0 Alert Admin |
Olam issues 5.5 billion yen worth of 5-year notes due in 2026
In line with its move towards sustainable financing, food and agri-business operator Olam has just issued a JPY 5.5 billion ($68 million) five-year sustainability-linked transaction.
These Senior Notes due 2026 is the company&rsquo s second sustainability-linked issuance and will be privately placed under its US$5.0 billion Euro Medium Term Note Programme.
Olam&rsquo s first sustainability-linked transaction in Asia (ex-Japan) was a JPY 7.0 billion issuance last December.
Issued at a fixed rate of 1.403% which will be payable semi-annually in arrears, the Notes have a tiered, one-time step-down adjustment to the coupon rate which is linked to the company&rsquo s achievement of the agreed Sustainability Performance Targets (SPTs).
These SPTs are structured to reflect Olam&rsquo s work towards advancing: prosperous farmers and food systems, thriving communities and the regeneration of the living world.
Proceeds from the Notes will be used by the group for working capital and general corporate purposes, including financing capital expenditure and potential acquisition opportunities &ndash which the group may pursue down the road as part of its strategic objectives.
The Australia and New Zealand Banking Group acted as the sole manager, sustainability structuring advisor and swap dealer of the transaction.
|
||||
| Useful To Me Not Useful To Me | |||||
|
PhillipTan
Supreme |
01-Oct-2021 02:26
|
||||
|
x 0
x 0 Alert Admin |
Olam issues 5.5 billion yen worth of 5-year notes due in 2026In line with its move towards sustainable financing, food and agri-business operator Olam has just issued a JPY 5.5 billion ($68 million) five-year sustainability-linked transaction.These Senior Notes due 2026 is the company' s second sustainability-linked issuance and will be privately placed under its US$5.0 billion Euro Medium Term Note Programme. Olam' s first sustainability-linked transaction in Asia (ex-Japan) was a JPY 7.0 billion issuance last December. Issued at a fixed rate of 1.403% which will be payable semi-annually in arrears, the Notes have a tiered, one-time step-down adjustment to the coupon rate which is linked to the company' s achievement of the agreed Sustainability Performance Targets (SPTs). These SPTs are structured to reflect Olam' s work towards advancing: prosperous farmers and food systems, thriving communities and the regeneration of the living world. Proceeds from the Notes will be used by the group for working capital and general corporate purposes, including financing capital expenditure and potential acquisition opportunities - which the group may pursue down the road as part of its strategic objectives. The Australia and New Zealand Banking Group acted as the sole manager, sustainability structuring advisor and swap dealer of the transaction. Shares in Olam International closed up a cent or 0.571% at $1.76 on Sep 30, before the announcement. |
||||
| Useful To Me Not Useful To Me | |||||