OLAM GLOBAL AGRI PTE. LTD. Business Review
Additional information is still being gathered to provide a more comprehensive assessment. We encourage verifying details during this period.
Business Overview
TrustScore
OLAM GLOBAL AGRI PTE. LTD.
UEN:202110111H
Review This Business
Recently transacted with OLAM GLOBAL AGRI PTE. LTD.?
How would you rate your overall satisfaction?
Be a part of the community and help others make informed decisions by sharing your experience. Your feedback not only helps the business improve but also assists other customers in choosing the best services and products available.
TrustScore Analysis
OLAM GLOBAL AGRI PTE. LTD. has a TrustScore of 56. Our system is actively collecting and analyzing information about this business. Additional data points are being verified and processed.
Our preliminary analysis has revealed key insights about OLAM GLOBAL AGRI PTE. LTD.'s performance and market presence. Here‘s a summary of our findings:
Positive highlights
Has been operational for several years
Official business profile found on major search engines
Negative highlights
- No employer brand presence on career platforms
- Not accredited by CaseTrust
- Does not have accessible contact information online
OLAM GLOBAL AGRI PTE. LTD.'s Business Reviews
No reviews available
Corporate Information for OLAM GLOBAL AGRI PTE. LTD.
Contact Information for OLAM GLOBAL AGRI PTE. LTD.
Associated News for OLAM GLOBAL AGRI PTE. LTD.
Olam Agri secures inaugural US$625 million Shariah-compliant financing facility
The Facility has Olam Agri subsidiaries Olam Global Agri Pte. Ltd. and Olam Global Agri Treasury Pte. Ltd. as purchasers with a tenor of three years. The Facility is initially guaranteed by Olam Group which will transfer to Olam Agri post the planned IPO and demerger of Olam Agri. Proceeds from the Facility will be applied towards general corporate purposes. Emirates NBD Capital Limited and Abu Dhabi Commercial Bank are the Global Shariah Co-ordinators for this Facility. Abu Dhabi Commercial Bank, Emirates NBD Bank, and First Abu Dhabi Bank (“FAB”) are the Senior Mandated Lead Arrangers for the Facility, while Citibank N.A., Credit Agricole Corporate and Investment Bank, HSBC Amanah, Mizuho Bank Ltd, MUFG Bank (Malaysia) Berhad, and Standard Chartered Bank are the Mandated Lead Arrangers. Emirates Islamic Bank is Lead Arranger and FAB is the Investment Agent.
Olam International : Singapore's Olam International To List Its Food Ingredients Unit | MarketScreener
The group expects the separation of the two units to be completed by the end of 2021. Olam Food Ingredients offers sustainable, natural, value-added food products and ingredients comprising cocoa, coffee, edible nuts, spices and dairy. It also own farms, farm-gate origination and manufacturing facilities. The other unit - Olam Global Agri, supplies food, feed and fiber focusing on emerging markets in Asia and Africa. It includes Olam's grains and animal feed, edible oils, rice, cotton, and commodity financial service businesses.
The carve-out and separation of Olam Food Ingredients (OFI), which includes its cocoa, coffee and edible nuts businesses, and Olam Global Agri (OGA), which includes grains and animal feed, edible oils, rice and cotton, is estimated to be completed by the end of 2021. The company will decide on the venue for the listing of the food ingredients business by June or July, chief executive Sunny Verghese said, adding that the initial public offering (IPO) would be of “substantial size and quite significant in any exchange” in which it would be listed. The company is pursuing similar strategic options for OGA as part of a plan flagged in January last year.
The carve-out and separation of Olam Food Ingredients (OFI), which includes its cocoa, coffee and edible nuts businesses, and Olam Global Agri (OGA), which includes grains and animal feed, edible oils, rice and cotton, is estimated to be completed by the end of 2021. The company will decide on the venue for the listing of the food ingredients business by June or July, chief executive Sunny Verghese said, adding that the initial public offering (IPO) would be of “substantial size and quite significant in any exchange” in which it would be listed. The company is pursuing similar strategic options for OGA as part of a plan flagged in January last year.
The other unit - Olam Global Agri, supplies food, feed and fiber focusing on emerging markets in Asia and Africa. It includes Olam’s grains and animal feed, edible oils, rice, cotton, and commodity financial service businesses. Read more: http://www.digitaljournal.com/pr/4989054#ixzz6pSB69SNs
The other unit - Olam Global Agri, supplies food, feed and fiber focusing on emerging markets in Asia and Africa. It includes Olam’s grains and animal feed, edible oils, rice, cotton, and commodity financial service businesses. Read more: http://www.digitaljournal.com/pr/4989054#ixzz6pSB69SNs
Olam to List Ingredients Business in 2022
Food ingredients and agriculture firm Olam International announced Friday that it plans to list its ingredients business in 2022. The move comes after the company debuted a re-organization effort in January 2020 to create into two operating groups, Olam Food Ingredients (OFI) and Olam Global Agri (OGA). “We believe the planned carve out, concurrent demerger, and listing will unlock significant value for all our existing shareholders while also attracting new long-term investors who are aligned to OFI’s compelling new vision and growth strategy,” said A. Shekhar, Olam Group executive director and chief executive of OFI, in a company release.
26 February 2021
Company Industry
Singapore Standard Industrial Classification (SSIC)
64202
OTHER HOLDING COMPANIES
WHOLESALE TRADE OF A VARIETY OF GOODS WITHOUT A DOMINANT PRODUCT
FAQs
Frequently Asked Questions
Have questions? We’re here to help you.
Scam.SG's TrustScore is an AI-driven engine that evaluates a business's trustworthiness by analysing data such as customer feedback, behavioral patterns, and compliance records. This comprehensive assessment results in a numerical score reflecting the entity's reliability.