Latest Forum Topics /
Olam Group
Last:1.25
-0.02
|
|
|
Olaim Group Financial Results
|
|||||
|
bechaotic
Member |
30-May-2023 15:13
|
||||
|
x 0
x 0 Alert Admin |
Yea, they should have halt trading to announce this.  So then no chance for shortist to short!
|
||||
| Useful To Me Not Useful To Me | |||||
|
tonytony
Veteran |
30-May-2023 15:03
|
||||
|
x 0
x 0 Alert Admin |
Why keeping delaying ? Why give short sellers chance to short ? Mgm is incompetent at all . | ||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
FATABA
Supreme |
30-May-2023 14:30
|
||||
|
x 0
x 0 Alert Admin |
i can only say Spore market hv many shortist and weak holder who profit on news.  So once a delay in double listing are out .....u can expect shortist will attack a counter . BUT BUT  hope they are not caught ( dont forget this is a Temasek counter. ) So if any BB come out and start accumulating ....haha see who  have the last laugh.  DYODD   
|
||||
| Useful To Me Not Useful To Me | |||||
|
BillLim18
Member |
30-May-2023 14:13
|
||||
|
x 0
x 0 Alert Admin |
Is there any important announcement today? Olam is being hammered down today? | ||||
| Useful To Me Not Useful To Me | |||||
|
beng1102
Elite |
30-May-2023 14:13
|
||||
|
x 0
x 0 Alert Admin |
Why share price go down?  Why it this a bad news?   
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
yuhanooi
Member |
30-May-2023 13:46
|
||||
|
x 0
x 0 Alert Admin |
The Saudi SALIC group is a major shareholder, please act fast on your home turf.....we depend on you...![]()
|
||||
| Useful To Me Not Useful To Me | |||||
|
Kandee
Senior |
30-May-2023 13:39
|
||||
|
x 0
x 0 Alert Admin |
First dual listing between SGX and Saudi Arabia Exchange. 
|
||||
| Useful To Me Not Useful To Me | |||||
|
FATABA
Supreme |
30-May-2023 13:38
|
||||
|
x 0
x 0 Alert Admin |
Yes as shown ....Given the distinct nature of the transaction, as Olam Agri will be the first foreign company not incorporated in a Gulf Cooperation Council country to be listed in the Kingdom of Saudi Arabia, the first dual listing on both the SGX and The Saudi Exchange and the first potential offering of Saudi Depositary Receipts, all the necessary regulatory approvals required to launch this transaction are yet to be obtained
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
CheeryVGoh
Supreme |
30-May-2023 13:31
|
||||
|
x 0
x 0 Alert Admin |
Read somewhere that this is a first of this kind of IPO in world. 
|
||||
| Useful To Me Not Useful To Me | |||||
|
FATABA
Supreme |
30-May-2023 13:23
|
||||
|
x 0
x 0 Alert Admin |
No NOT a cancellation ....as note ... "   underpin our confidence in continuing to pursue the Olam Agri IPO at the next practical window, subject to receiving all the necessary approvals  " It is again a matter of time ....guess as the first Saudi listing is not straight forward
|
||||
| Useful To Me Not Useful To Me | |||||
|
yuhanooi
Member |
30-May-2023 13:18
|
||||
|
x 0
x 0 Alert Admin |
Depending on how the announcement is interpreted on one end is delayed due to SUMMER holidays, on the other end is cancelled due to market conditions. Well, let's hope it continues with good results and 4+ cents dividends regularly.
|
||||
| Useful To Me Not Useful To Me | |||||
|
CheeryVGoh
Supreme |
30-May-2023 13:17
|
||||
|
x 0
x 0 Alert Admin |
Keeping fingers crossed, bgt at 1.39 a while ago.
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
FATABA
Supreme |
30-May-2023 13:12
|
||||
|
x 0
x 0 Alert Admin |
So it is delayed not cancel . Officially on SGX site  UPDATE ON PROPOSED OLAM AGRI IPO AND DEMERGER Unless otherwise defined herein, words and expressions used in this announcement bear the meanings as ascribed to them in the Circular to Shareholders dated 6 March 2023 (the " Circular" ) of Olam Group Limited (the " Company" or &ldquo Olam Group&rdquo ), save that OAHPL (or &ldquo Olam Agri&rdquo ) shall refer to " Olam Agri Holdings Limited" instead of " Olam Agri Holdings Pte. Ltd." . The Board wishes to provide an update on the proposed Olam Agri IPO and Demerger. Olam Group Limited continues to seek a concurrent dual listing of Olam Agri in Singapore (SGX) and in the Kingdom of Saudi Arabia (The Saudi Exchange). Given the distinct nature of the transaction, as Olam Agri will be the first foreign company not incorporated in a Gulf Cooperation Council country to be listed in the Kingdom of Saudi Arabia, the first dual listing on both the SGX and The Saudi Exchange and the first potential offering of Saudi Depositary Receipts, all the necessary regulatory approvals required to launch this transaction are yet to be obtained. The Company therefore does not expect that the Olam Agri IPO can now be completed by H1 2023, ahead of the impending summer holiday period, as originally planned. The Company continues to observe the growing importance of key global agri-business trends relating to food security concerns and the growing interest from institutional investors in this theme. These industry trends and Olam Agri&rsquo s position as a differentiated and market leading global food, feed and fibre agri-business underpin our confidence in continuing to pursue the Olam Agri IPO at the next practical window, subject to receiving all the necessary approvals and based on prevailing market conditions. The Company will provide shareholders with key updates as and when there are material developments in this regard. The Company would like to emphasise that the Proposed Transactions and the Olam Agri IPO are dependent on, inter alia, the receipt of relevant approvals by Olam Agri for the Olam Agri IPO and listing from the SGX-ST, The Saudi Exchange and the Capital Markets Authority of the Kingdom of Saudi Arabia, Olam Agri' s compliance with any conditions stipulated Page 2 of 4 thereunder, and prevailing market conditions. Furthermore, the Directors may, notwithstanding that all requisite Shareholders' approvals and regulatory approvals have been obtained, decide not to proceed with any of the Proposed Transactions and the Olam Agri IPO if, having regard to Shareholders' and investors' interests and responses at any material time and taking into consideration prevailing economic and/or market conditions and/or any other relevant factors, conditions and circumstances, the Directors consider it not in the interests of the Company to proceed with the same. Accordingly, there is no assurance that the Proposed Transactions and the Olam Agri IPO, or any of them, will materialise in due course or at all. Shareholders and potential investors are advised to exercise caution when dealing in the Shares and to seek appropriate professional advice when dealing in the Shares as appropriate, and refrain from taking any action in respect of their Shares which may be prejudicial to their interests. BY ORDER OF THE BOARD |
||||
| Useful To Me Not Useful To Me | |||||
|
Kandee
Senior |
30-May-2023 13:11
|
||||
|
x 0
x 0 Alert Admin |
The announcement has been made.    Might be good to accumulate for the long term if prices drop further. 
|
||||
| Useful To Me Not Useful To Me | |||||
|
Kandee
Senior |
30-May-2023 13:09
|
||||
|
x 0
x 0 Alert Admin |
Thanks.  Just saw it on BT as well.
|
||||
| Useful To Me Not Useful To Me | |||||
|
CheeryVGoh
Supreme |
30-May-2023 13:03
|
||||
|
x 0
x 0 Alert Admin |
https://links.sgx.com/1.0.0/corporate-announcements/035NN7VF7PRS1CVR/ecb723c2b088a521b178b02169b1dc1bdb14b03de74ed482ed3150bce1fc1230
|
||||
| Useful To Me Not Useful To Me | |||||
|
yuhanooi
Member |
30-May-2023 13:01
|
||||
|
x 0
x 0 Alert Admin |
https://links.sgx.com/1.0.0/corporate-announcements/035NN7VF7PRS1CVR/ecb723c2b088a521b178b02169b1dc1bdb14b03de74ed482ed3150bce1fc1230
|
||||
| Useful To Me Not Useful To Me | |||||
|
FATABA
Supreme |
30-May-2023 13:00
|
||||
|
x 0
x 0 Alert Admin |
Any news ...after lunch it dropped more ?
|
||||
| Useful To Me Not Useful To Me | |||||
|
Kandee
Senior |
30-May-2023 12:56
|
||||
|
x 0
x 0 Alert Admin |
Did not see any official announcement on the postponement yet.  Is it confirmed?
|
||||
| Useful To Me Not Useful To Me | |||||
|
yuhanooi
Member |
30-May-2023 12:13
|
||||
|
x 0
x 0 Alert Admin |
IPO postpone again...sigh... | ||||
| Useful To Me Not Useful To Me | |||||


