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commodities are doing vry well since last year.....all price rocketing high....
halleluyah ( Date: 26-May-2022 13:24) Posted:
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ah nei power coming to rocket...........
Bro it is in coma at 145 lah .
Wonder what is going on w the listing LSE ? W new PM dont tell me need reapplication again / hope not
Dyodd
Wonder what is going on w the listing LSE ? W new PM dont tell me need reapplication again / hope not
Dyodd
ruanlai ( Date: 23-May-2022 09:22) Posted:
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Look out before touching 1.50 and resume ipo towards 1.90 quietly. DYODD
Analyst coverage anyone
Olam Group
On Mar 28, Olam Group Olam Intl : O32 0% independent non-executive director Nihal Kaviratne acquired 133,100 shares of the company at an average price of S$1.79 per share. With a consideration of S$237,985, this increased his direct interest in Olam Group to 0.1 per cent.
Kaviratne was previously the chairman and CEO for the Unilever Group across Asia, Europe and Latin America. His career with the Unilever Group spanned 40 years which also covered senior level management positions in sales, marketing, brand and strategic planning and development.
Olam Group has now completed the first 3 of 4 steps of its transformational re-organisation plan to re-organise its diverse business portfolio into 3 distinct operating groups - Olam Food Ingredients, Olam Agri and Olam. Olam Food Ingredients intends to seek a primary listing in London, and a concurrent secondary listing in Singapore.
On Mar 25, Olam Group announced that in the light of current market conditions, and as a result of the ongoing conflict in Ukraine, it did not expect the IPO of Olam Food Ingredients to take place during Q2 2022, as previously planned.
Hmm, Bro this can also be view negatively ....as the sales is use for debt reduction ( see pt 3) ...not returned to SH .
Also as Olam Gp SH ....onwership is REDUCED to 64.6% from 100%
As to what value SALIC add ....it tough to gauge. Also cant tell if this was a good price ? as the other 3 pts will debate for its sale
anyway ....keep my finger cross
15 March 2022.
&bull Announced a strategic partnership for Olam Agri with SALIC with the sale of a substantial minority stake in Olam Agri for US$1.24 billion (approximately S$1.7 billion).
&bull This transaction delivers 4 outcomes :
(i) Illuminate and unlock value in Olam Agri,
(ii) Crystallise a benchmark valuation and create a strong shareholder base ahead of a potential future IPO and demerger of Olam Agri
(iii) Right-size OG Group&rsquo s capital structure and reduce its leverage and
(iv) Capitalise on partnership synergies to support growth including access to new markets.
&bull ofi intends to seek a primary listing in London, and a concurrent secondary listing in Singapore. However, in light of current market conditions as a result of the ongoing conflict in Ukraine, we do not currently expect the IPO of ofi to take place during Q2 2022, as previously planned.
&bull We remain committed to pursuing a public listing of the ofi business and will evaluate the appropriate timing of such a listing on an ongoing basis, taking into account prevailing market conditions. Shareholders should note that there is no certainty or assurance that the listing and demerger of ofi or Olam Agri will take place.
Also as Olam Gp SH ....onwership is REDUCED to 64.6% from 100%
As to what value SALIC add ....it tough to gauge. Also cant tell if this was a good price ? as the other 3 pts will debate for its sale
anyway ....keep my finger cross
15 March 2022.
&bull Announced a strategic partnership for Olam Agri with SALIC with the sale of a substantial minority stake in Olam Agri for US$1.24 billion (approximately S$1.7 billion).
&bull This transaction delivers 4 outcomes :
(i) Illuminate and unlock value in Olam Agri,
(ii) Crystallise a benchmark valuation and create a strong shareholder base ahead of a potential future IPO and demerger of Olam Agri
(iii) Right-size OG Group&rsquo s capital structure and reduce its leverage and
(iv) Capitalise on partnership synergies to support growth including access to new markets.
&bull ofi intends to seek a primary listing in London, and a concurrent secondary listing in Singapore. However, in light of current market conditions as a result of the ongoing conflict in Ukraine, we do not currently expect the IPO of ofi to take place during Q2 2022, as previously planned.
&bull We remain committed to pursuing a public listing of the ofi business and will evaluate the appropriate timing of such a listing on an ongoing basis, taking into account prevailing market conditions. Shareholders should note that there is no certainty or assurance that the listing and demerger of ofi or Olam Agri will take place.
rainbowman ( Date: 25-Mar-2022 09:37) Posted:
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The Saudi sale values OGAgri at 69% of OG current market capitalization (today's report). That seems like a pretty good deal?
Honestly managment DID NOT handle this well. LOOK
1. There is NO separate announcement on the delay or postponement of this important lisitng which every SH is looking forward to
2. Mgt choose to hide this in ONE line on the annoucement of appt of new directors ? What for ???
Do they know what and which is important to SH ......i doubt anyone esp minority SH care who they appoint ...or can decide who they appoint LOL
Dump and pump
%$#%%& ^(*(
London, March 24, 2022 Page 1 of 4 olam food ingredients (&ldquo ofi&rdquo ) announces the appointment of Nancy Cruickshank, Nagi Hamiyeh and Sunny Verghese to its Board of Directors London,
March 24, 2022 &ndash ofi, a global leader in naturally good food & beverage ingredients, announces the appointment of three Non-Executive Directors to its Board of Directors (&ldquo the Board&rdquo ). ofi was created in early 2020 following the announcement of the re-organisation within Olam International Limited (&ldquo OIL&rdquo ) to unlock and maximise 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. However, in light of current market conditions as a result of the ongoing conflict in Ukraine, we do not currently expect the IPO of ofi to take place during Q2 2022, as previously anticipated. We remain committed to pursuing a public listing of the business and will evaluate the appropriate timing of such a listing on an ongoing basis, taking into account prevailing market conditions.
1. There is NO separate announcement on the delay or postponement of this important lisitng which every SH is looking forward to
2. Mgt choose to hide this in ONE line on the annoucement of appt of new directors ? What for ???
Do they know what and which is important to SH ......i doubt anyone esp minority SH care who they appoint ...or can decide who they appoint LOL
Dump and pump
%$#%%& ^(*(
London, March 24, 2022 Page 1 of 4 olam food ingredients (&ldquo ofi&rdquo ) announces the appointment of Nancy Cruickshank, Nagi Hamiyeh and Sunny Verghese to its Board of Directors London,
March 24, 2022 &ndash ofi, a global leader in naturally good food & beverage ingredients, announces the appointment of three Non-Executive Directors to its Board of Directors (&ldquo the Board&rdquo ). ofi was created in early 2020 following the announcement of the re-organisation within Olam International Limited (&ldquo OIL&rdquo ) to unlock and maximise 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. However, in light of current market conditions as a result of the ongoing conflict in Ukraine, we do not currently expect the IPO of ofi to take place during Q2 2022, as previously anticipated. We remain committed to pursuing a public listing of the business and will evaluate the appropriate timing of such a listing on an ongoing basis, taking into account prevailing market conditions.
Wow ..opened 1.83...Huat ah...really dropped durians le...bros all huat la
Contratrader ( Date: 24-Mar-2022 10:08) Posted:
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OGA in a deal with Salic which values it at $3.5b. Olam current valuation is $5B and thats without taking OFI' s lisitng. Only one way from here.
Maybe T want a smooth LSE listing
Retail and hospitality REITs? Carbon strategy ETFs? Rare Metals or Uranium ETFs? Airline companies? Banks? Index ETFs? EV stocks? Clean energy stocks?
I guess a lot of options if sell...
I guess a lot of options if sell...
rainbowman ( Date: 24-Mar-2022 13:58) Posted:
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On plus side, current worldwide inflation, especially soft commodities, may benefit Olam. Even if sell now, where else to park the funds? (which sector is anybody's guess). No choice, I'll keep my fingers crossed on agriculture/food...dyodd...vested.
FATABA ( Date: 24-Mar-2022 13:41) Posted:
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There is a good reason for actually choosing LSE, as it is the global market for commodities /great for listing for Olam OFI and agri .
But now w this war/really dont know how long it will last ....not just the physical war in Ukraine .....but these sauctions will take years or even decade .
Commodities prices ete will be an issue .
SO I really dont wish this listing to be derail . Olam might be hard to offer any other real time line.
Dyodd
But now w this war/really dont know how long it will last ....not just the physical war in Ukraine .....but these sauctions will take years or even decade .
Commodities prices ete will be an issue .
SO I really dont wish this listing to be derail . Olam might be hard to offer any other real time line.
Dyodd
rainbowman ( Date: 24-Mar-2022 13:26) Posted:
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i see eu will go recession first.....
rainbowman ( Date: 24-Mar-2022 13:26) Posted:
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Europe is too close to Ukraine's conflict. Unless they relocate listing to US...
gh3yboy ( Date: 24-Mar-2022 12:53) Posted:
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Based on the statement, they will monitor the situation on an ongoing basis, as soon as things are more or less settled down in Europe, the delay could be 1Q or 2Q? Trying to be optimistic.
FATABA ( Date: 24-Mar-2022 12:50) Posted:
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The question is WHEN ? hopefully not too much delay.
gh3yboy ( Date: 24-Mar-2022 11:31) Posted:
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" We remain committed to pursuing a public listing of the business and will evaluate the appropriate timing of such a listing on an ongoing basis, taking into account prevailing market conditions."
FATABA ( Date: 24-Mar-2022 10:22) Posted:
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