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At current share price of SGD 1.59, dividend yield is more than 5%. WOW!!
OLAM dividend history
FY2022 ? cents (to be announced next month during results release)
HY2022 4 cents
Total ? cents (to be announced next month during results release)
FY2021 4.5 cents
HY2021 4 cents
Total 8.5 cents
FY2020 4 cents
HY2020 3.5 cents
Total 7.5 cents
FY2019 4.5 cents
HY 2019 3.5 cents
Total 8 cents
OLAM dividend history
FY2022 ? cents (to be announced next month during results release)
HY2022 4 cents
Total ? cents (to be announced next month during results release)
FY2021 4.5 cents
HY2021 4 cents
Total 8.5 cents
FY2020 4 cents
HY2020 3.5 cents
Total 7.5 cents
FY2019 4.5 cents
HY 2019 3.5 cents
Total 8 cents
RECAP:
OLAM GROUP NAV after sale of 35% stake in OLAM AGRI to SALIC is more than SGD 2.20!!
Currently share price is only SGD 1.60, that means it is TRADING AT 30% DISCOUNT TO NAV
From historical records, the yearly dividend is at least 8 cents, this means that OLAM GROUP DIVIDEND YIELD is more than 5%
And there are two potential IPOs, OLAM OFI and OLAM AGRI to ILLUMINATE the value of OLAM GROUP
Dyodd
OLAM GROUP NAV after sale of 35% stake in OLAM AGRI to SALIC is more than SGD 2.20!!
Currently share price is only SGD 1.60, that means it is TRADING AT 30% DISCOUNT TO NAV
From historical records, the yearly dividend is at least 8 cents, this means that OLAM GROUP DIVIDEND YIELD is more than 5%
And there are two potential IPOs, OLAM OFI and OLAM AGRI to ILLUMINATE the value of OLAM GROUP
Dyodd
Olam targets agribusiness IPO in H1 with listings in Singapore, Saudi Arabia
OLAM Group : VC2 +3.9% has outlined plans to list Olam Agri, its agribusiness unit, as early as H1 2023, it said on Tuesday (Jan 10).
The move will result in a primary listing in Singapore, a concurrent one in Saudi Arabia, and a demerger of Olam Agri and Olam Group through a distribution in specie of shares in Olam Agri to shareholders.
If the transaction goes through, Olam Agri&rsquo s initial public offering (IPO) will be the first dual-listing for a company on both the Singapore and Saudi Arabia stock exchanges and the first-ever listing in Saudi Arabia for a non-Gulf Cooperation Council incorporated business, Olam Group said in a press statement.
The latest development comes days after Bloomberg reported that the group had picked banks to lead the proposed Olam Agri listing, which could raise as much as US$1 billion, according to sources.
Although no final decision has been made on the Olam Agri IPO structure, the group said the IPO might involve an offering in Singapore and globally via the issuance of Olam Agri shares and a sale of shares in Olam Agri by Olam Group.
Olam Agri will be demerged from the group through a distribution in specie of Olam Agri shares to Olam Group shareholders. They do not need to pay for any Olam Agri shares and will continue to hold their shares in the group.
There is no change to the group&rsquo s plans for Olam Food Ingredient&rsquo s (ofi) concurrent listings in Singapore and the London Stock Exchange, it said. The IPO will take place after Olam Agri&rsquo s listing, subject to market conditions.
Olam Group said it chose SGX as its primary listing venue due to its strong investor base for food and agribusiness companies, along with continued long-term shareholder support.
The additional listing in Saudi Arabia will allow the group to access the market&rsquo s large incremental investor base. Building on its partnership with The Saudi Agricultural and Livestock Company (Salic), Olam Agri will be positioned to enhance its activities in the Gulf region, particularly in Saudi Arabia.
In December, Olam Group completed the sale of a substantial 35.4 per cent minority stake in Olam Agri to Salic for US$1.2 billion, valuing the business at about US$3.5 billion.
Olam Group chief executive Sunny Verghese said Olam Agri has demonstrated a consistent performance track record, with operating profit rising at a compound annual growth rate of 40.1 per cent over the last three years.
&ldquo With the completion of the minority stake sale and strategic partnership with Salic, Olam Agri is positioned to grow as a result of the demand for food, feed and fibre across end-consumption growth markets,&rdquo he added.
Olam Group said on Tuesday that there is no change to its plans for Olam Food Ingredient&rsquo s (ofi) concurrent listings in Singapore and the London Stock Exchange. The IPO will take place after Olam Agri&rsquo s listing, subject to market conditions.
Thanks Fataba. 
FATABA ( Date: 09-Jan-2023 08:17) Posted:
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No Olam Group has not distributed or decided or advise on the detail of the lisitnng in LSE or SGX yet.
So the current listed Olam STILL have all the 3 dvisions inside it
I expect information to be coming up very soon as loan on this listing are approved n out
DYODD
So the current listed Olam STILL have all the 3 dvisions inside it
I expect information to be coming up very soon as loan on this listing are approved n out
DYODD
Rightstock ( Date: 08-Jan-2023 09:01) Posted:
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May I know from the followers here whether Olam Group had aready distributed Olam Agri shares to Olam Group shareholders or it will be distributed upon the agri business IPO.
Olam Agri picks banks for US$1b Singapore listing
OLAM Group has picked banks to lead a planned Singapore listing of its agribusiness unit that could raise as much as US$1 billion, people familiar with the matter said.
The company selected Citigroup, DBS Group Holdings, HSBC Holdings and Morgan Stanley to arrange the planned initial public offering of Olam Agri Holdings, according to the people.
It&rsquo s aiming to complete the share sale later this year, the people said, asking not to be identified because the information is private. The deliberations are ongoing and details of the listing could change, the people said.
A representative for Olam said the company continues to focus on executing its reorganisation plan and will make a public announcement about any material developments. Spokespeople for the banks declined to comment.
Olam Group shares jumped as much as 3.4 per cent on Friday, touching their highest intraday level in nearly six months, according to data compiled by Bloomberg. It has a market value of about US$4.3 billion.
The group said in December it completed the sale of a 35 per cent stake in Olam Agri to state-owned Saudi Agricultural & Livestock Investment, a subsidiary of the oil-rich country&rsquo s Public Investment Fund. The deal valued the business at about US$3.5 billion.
Olam Agri sells grains and seeds and makes everything from edible oils to pasta, according to its website.
It has over 9,000 employees and operations in more than 30 countries.
The business is one of Olam Group&rsquo s main operating units, formed in a reorganisation announced in early 2020.
The group delayed a planned London IPO last year for another unit, Olam Food Ingredients, citing the war in Ukraine.
News released on 23rd Dec afternoon by SGX.
FATABA ( Date: 28-Dec-2022 10:56) Posted:
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WOW prices start moving yesterday before this news was out ? Insider infro ?
Whatever Olam is worth more then it parts ....dyodd
Whatever Olam is worth more then it parts ....dyodd
Dragonite ( Date: 28-Dec-2022 10:10) Posted:
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With the money gained from the successful sale of stake in Olam Agri to the Saudis, Olam NAV will definitely increase to more than 2 dollars...
Estimated NAV of Olam now is more than $2.20 versus current share price of less than $1.50...
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https://www.reuters.com/markets/deals/olam-group-completes-124-bln-stake-sale-agri-unit-saudi-firm-2022-12-23/
Olam Group completes $1.24 bln stake sale in agri unit to Saudi firm
SINGAPORE, Dec 23 (Reuters) - Singapore' s commodity trader Olam Group (OLAG.SI) said on Friday it had completed the sale of a 35.43% stake in its unit Olam Agri to Saudi Agricultural and Livestock Investment Co (SALIC) for $1.24 billion.
The deal, which was first announced on March 25, values Olam Agri at an equity valuation of $3.5 billion, Olam Group said in a statement.
Olam Group said the deal unlocks value for its shareholders and sets a benchmark valuation for Olam Agri. SALIC and Olam Agri have also inked an agreement that will help the Singapore-based firm gain quicker access into the Middle East markets, it added.
Olam Agri, in which Olam Group will continue to hold a 64.57% stake, is one of the three operating groups formed in early 2020 by Olam Group as the result of a re-organisation.
Singapore&rsquo s Olam Agri secures US$2b for parent&rsquo s reorganisation
SINGAPORE&rsquo S Olam Agri has secured a US$2 billion bridge financing facility to support the reorganisation plan of its parent, Olam Group, the grains and animal feed trader said on Monday (Dec 5).
Agri-business giant Olam Group announced its reorganisation plan in January 2020 to categorise its products under two operating businesses, with an intention to potentially spin out each unit and list them separately.
It has since secured multiple loans including a US$2.9 billion facility in August for refinancing its existing loans.
The 18-month bridge loan facility may also be used for general corporate purposes, Olam Agri said.
&ldquo This transaction gives Olam Agri significant financial flexibility while Olam Group continues on its reorganisation pathway,&rdquo said Olam Group CFO N Muthukumar.
In August, Olam Group posted a marginal rise in net profit for the first half of fiscal 2022, as a weak performance in its food ingredients unit partially countered strength in the Olam Agri business.
Any idea when is Olam Q3 result guildance ?
antifragile ( Date: 04-Nov-2022 16:26) Posted:
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TP $1.85
Look at Wilmar!
Olam next!
Olam next!
SBB driving the price?
antifragile ( Date: 27-Oct-2022 15:37) Posted:
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Sum of parts more than the current price.
Wont go wrong
Wont go wrong
The listing was to be end of the year and early next year.
However, looking at the UK situation .....honestly wondering how long this new PM will be ( ohoh) .....listing could be delayed
But OLam is certainly going ahead . it is just a matter of timing . Global demand for products that Olam is having is getting to be a valuable product for many .
Dyodd
However, looking at the UK situation .....honestly wondering how long this new PM will be ( ohoh) .....listing could be delayed
But OLam is certainly going ahead . it is just a matter of timing . Global demand for products that Olam is having is getting to be a valuable product for many .
Dyodd
limkopilim ( Date: 27-Oct-2022 12:25) Posted:
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Olam SBB for several days... Any news??
Olam Agri takes out US$2.9b Poseidon Principles facility to refinance loans
OLAM Group&rsquo s food, feed and fibre operating business Olam Agri has obtained a US$2.9 billion facility with a 3-year tenor to refinance its existing loans, and for general corporate purposes.
The loan is based on Poseidon Principles, a framework for integrating climate considerations into lending decisions to promote international shipping&rsquo s decarbonisation.
In a press statement on Wednesday (Aug 24), Olam Agri said the facility saw participation from a &ldquo large and diverse group&rdquo of 16 lenders including DBS, MUFG Bank and Natixis - who also served as joint Poseidon Principles programme co-ordinators for the facility.
HSBC was appointed the facility agent.
The facility is guaranteed by Olam Group : VC2 0% with Olam Agri subsidiaries, Olam Global Agri and Olam Global Agri Treasury, as co-borrowers.
&ldquo We are encouraged by the strong endorsement and support from our banking partners for this facility,&rdquo said N Muthukumar, group chief financial officer of Olam Group as well as chief executive officer of operations at Olam Agri.
&ldquo This facility is closely aligned with Olam Agri&rsquo s purpose of transforming food, feed and fibre for a more sustainable future and strengthens our resolve to improve carbon management in our freight business&rdquo .