VC2.SI Olam Group
Not Yet Opened 12-26 17:16:00 SGT Delay
1.20
+0.01
+0.84%
High
1.22
Low
1.20
Vol
841.50K
Open
1.20
D1 Closing
1.19
Amplitude
1.68%
Mkt Cap
4.55B
Tradable Cap
1.00B
Total Shares
3.79B
T/O
1.02M
T/O Rate
0.10%
Tradable Shares
837.50M
P/B
--
ROE
--
EPS
0.00
52wk High
--
52wk Low
--
P/E
--
Dividend
--
Div.Yield
--
ROA
--
Time
5D
D
W
M
News
New Post(s)
Profile
Singapore Shares Dip as Regional Indices Decline; Singtel Falls 3%
MT Newswires · 12-06
Singapore Shares Dip as Regional Indices Decline; Singtel Falls 3%
Singapore Shares Surge as Retail Sales Increase; YZJ Shipbldg Rises 2.3%
MT Newswires · 12-05
Singapore Shares Surge as Retail Sales Increase; YZJ Shipbldg Rises 2.3%
Olam Group (SGX:VC2) investors are sitting on a loss of 8.9% if they invested five years ago
Simply Wall St. · 11-29
Olam Group (SGX:VC2) investors are sitting on a loss of 8.9% if they invested five years ago
Olam Group Limited's (SGX:VC2) Share Price Could Signal Some Risk
Simply Wall St. · 11-29
Olam Group Limited's (SGX:VC2) Share Price Could Signal Some Risk
Singapore Shares Close Higher Following Friday's Global Surge; SingPost Rises 2%
MT Newswires Live · 11-04
Singapore Shares Close Higher Following Friday's Global Surge; SingPost Rises 2%
SG Morning Call | Singapore Stocks Open Higher on Monday; Hongkong Land Jumps 2.5%
TigerNews SG · 11-04
SG Morning Call | Singapore Stocks Open Higher on Monday; Hongkong Land Jumps 2.5%
Weekly Singapore Stock Market Round Up: STI softens despite HK Land’s surge
The Smart Investor · 11-04
Weekly Singapore Stock Market Round Up: STI softens despite HK Land’s surge
Calculating The Fair Value Of Olam Group Limited (SGX:VC2)
Simply Wall St. · 11-02
Calculating The Fair Value Of Olam Group Limited (SGX:VC2)
SGX Weekly Review|Hongkong Land Surges 14%; Olam Jumps 13%; Awaiting SIA, DBS, OCBC, and UOB Earnings
TigerNews SG · 11-02
SGX Weekly Review|Hongkong Land Surges 14%; Olam Jumps 13%; Awaiting SIA, DBS, OCBC, and UOB Earnings
Singapore Shares End Week Marginally Lower; Olam Group Surges 14%
MT Newswires · 11-01
Singapore Shares End Week Marginally Lower; Olam Group Surges 14%
Olam Group Receives Non-Binding Indicative Offer for Agri Business; Shares Surge 14%
MT Newswires · 11-01
Olam Group Receives Non-Binding Indicative Offer for Agri Business; Shares Surge 14%
UPDATE 1-Singapore's Olam receives buyout offer for agri unit amid IPO delays
Reuters · 11-01
UPDATE 1-Singapore's Olam receives buyout offer for agri unit amid IPO delays
Olam gets buyout offer for agri unit after IPO delay; shares jump 10%
The Straits Times · 11-01
Olam gets buyout offer for agri unit after IPO delay; shares jump 10%
Olam Confirms Offer From Saudi Arabia for Agribusiness Unit
Bloomberg · 11-01
Olam Confirms Offer From Saudi Arabia for Agribusiness Unit
Singapore's Olam receives offer from Saudi firm for stake in Agri unit
Reuters · 11-01
Singapore's Olam receives offer from Saudi firm for stake in Agri unit
Olam Group Ltd - Presently Exploring With Its Appointed Advisers Sale of Such Stake
THOMSON REUTERS · 11-01
Olam Group Ltd - Presently Exploring With Its Appointed Advisers Sale of Such Stake
Olam Group Ltd - Received a Non-Binding Indicative Offer (Nbio) From Saudi Agricultural and Livestock Investment
THOMSON REUTERS · 11-01
Olam Group Ltd - Received a Non-Binding Indicative Offer (Nbio) From Saudi Agricultural and Livestock Investment
Olam Group - Will Continue to Monitor Conditions Guiding Decision in Relation to IPO & Concurrent Demerger for Olam Agri
THOMSON REUTERS · 11-01
Olam Group - Will Continue to Monitor Conditions Guiding Decision in Relation to IPO & Concurrent Demerger for Olam Agri
Olam Group Ltd - No Certainty That a Sale of Company's Stake in Olam Agri Business Will Proceed or Will Materialise
THOMSON REUTERS · 11-01
Olam Group Ltd - No Certainty That a Sale of Company's Stake in Olam Agri Business Will Proceed or Will Materialise
Olam Group Ltd - No Definitive Terms or Formal Legal Documentation Have Been Agreed Upon Between Parties
THOMSON REUTERS · 11-01
Olam Group Ltd - No Definitive Terms or Formal Legal Documentation Have Been Agreed Upon Between Parties
No data available
Introduction
Company Name.
Olam Group
Affiliated Markets:
SGX
Listing Date:
--
Main Business:
Issue price:
--
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It ended the session at 3,796.16, down 26.52 points or 0.69% compared to Thursday's close.In company news, shares of Suntec REIT surged over 5% after Aelios made a mandatory conditional cash offer to buy the remaining units it does not own in the REIT.Hongkong Land Holdings was up nearly 1% after a Bloomberg report revealed that the property developer is mulling the sale of its Singapore-based property development unit, MCL Land.Meanwhile, shares of Singapore Post's were down nearly 3% at the close after S&P Global Ratings placed a 'BBB' long-term issuer credit rating and its 'BB+' rating on the company's SG$250 million subordinated perpetual securities on CreditWatch with negative implications.","market":"sg","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":true,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["S08.SI","BK6139","SG9999007892.SGD","BS6.SI","BK6110","U11.SI","U96.SI","BK6512","G13.SI","STI.SI","BK6519","Z74.SI","T82U.SI","VC2.SI","Z59.SI","O39.SI","BK6047","SG9999002414.USD","5E2.SI","SG9999007918.USD","U14.SI","S59.SI","H78.SI","SG9999002406.SGD","D05.SI","BK6072","S68.SI"],"gpt_icon":1},{"id":"2489843882","title":"Singapore Shares Surge as Retail Sales Increase; YZJ Shipbldg Rises 2.3%","url":"https://stock-news.laohu8.com/highlight/detail?id=2489843882","media":"MT Newswires","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2489843882?lang=en_us&edition=fundamental","pubTime":"2024-12-05 17:56","pubTimestamp":1733392560,"startTime":"0","endTime":"0","summary":"Singapore's stock market surged on Thursday, as the city state's retail sales registered year-over-year growth in October.The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ran","market":"sg","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":"e3a900a1c72a5a9ebaccc20f0d1e830c","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":true,"source_rank":0,"column":"","sentiment":"2","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["5E2.SI","D05.SI","BIX.SI","S3N.SI","CMOU.SI","C6L.SI","BS6.SI","AJBU.SI","G13.SI","S68.SI","U11.SI","Z59.SI","O39.SI","U96.SI","NIO.SI","VC2.SI","STI.SI","Z74.SI"],"gpt_icon":1},{"id":"2487038593","title":"Olam Group (SGX:VC2) investors are sitting on a loss of 8.9% if they invested five years ago","url":"https://stock-news.laohu8.com/highlight/detail?id=2487038593","media":"Simply Wall St.","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2487038593?lang=en_us&edition=fundamental","pubTime":"2024-11-29 11:11","pubTimestamp":1732849881,"startTime":"0","endTime":"0","summary":"Olam Group Limited shareholders should be happy to see the share price up 13% in the last month. But if you look at the last five years the returns have not been good. In fact, the share price is down 33%, which falls well short of the return you could get by buying an index fund.It's worthwhile assessing if the company's economics have been moving in lockstep with these underwhelming shareholder returns, or if there is some disparity between the two. So let's do just that.Looking back five years, both Olam Group's share price and EPS declined; the latter at a rate of 5.2% per year. This reduction in EPS is less than the 8% annual reduction in the share price. This implies that the market was previously too optimistic about the stock.SGX:VC2 Earnings Per Share Growth November 29th 2024. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trad","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/qD9N5kLj9T0w7Ns8NRurOg--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/83f76d21c91eb2ec8cc8f3adfb3843d7","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/qD9N5kLj9T0w7Ns8NRurOg--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/83f76d21c91eb2ec8cc8f3adfb3843d7"],"rights":{"source":"yahoofinance_sg","url":"https://finance.yahoo.com/news/olam-group-sgx-vc2-investors-031121727.html","rn_cache_url":null,"customStyle":"","selectors":"article, body","filters":"","directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/olam-group-sgx-vc2-investors-031121727.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance_sg","symbols":["VC2.SI","BK6025"],"gpt_icon":0},{"id":"2487376086","title":"Olam Group Limited's (SGX:VC2) Share Price Could Signal Some Risk","url":"https://stock-news.laohu8.com/highlight/detail?id=2487376086","media":"Simply Wall St.","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2487376086?lang=en_us&edition=fundamental","pubTime":"2024-11-29 09:43","pubTimestamp":1732844591,"startTime":"0","endTime":"0","summary":"When close to half the companies in Singapore have price-to-earnings ratios (or \"P/E's\") below 11x, you may consider...","market":"sg","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","isJumpTheme":false,"source_url":"https://simplywall.st/stocks/sg/consumer-retailing/sgx-vc2/olam-group-shares/news/olam-group-limiteds-sgxvc2-share-price-could-signal-some-ris","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":"Olam Group Limited's (SGX:VC2) Share Price Could Signal Some Risk","news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"simplywall_highlight","symbols":["VC2.SI","BK6025"],"gpt_icon":1},{"id":"2480371240","title":"Singapore Shares Close Higher Following Friday's Global Surge; SingPost Rises 2%","url":"https://stock-news.laohu8.com/highlight/detail?id=2480371240","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2480371240?lang=en_us&edition=fundamental","pubTime":"2024-11-04 18:29","pubTimestamp":1730716199,"startTime":"0","endTime":"0","summary":"Singapore's stock market closed higher on Monday, following gains in Wall Street on Friday, driven by potential interest rate cuts by the US Federal Reserve due to weak US jobs data.The Straits Times Index , a key benchmark for the Singapore Exchange, ranged between 3,566.42 and 3,582.04 throughout the day. It ended the session at 3,572.04, up 16.61 points or 0.47% compared to Friday's close.In company news, shares of Medi Lifestyle surged over 9% after the company entered into a loan agreement with Lingholm Holdings for an interest-free loan amounting up to SG$2.1 million.Pasture Holdings surged nearly 7% after it appointed Tan Xi Yi as the company's chief operation officer and Lee Quang Loong as the chief financial officer .Meanwhile, City Developments was up nearly 1% after its wholly-owned subsidiary, Chenghong Investment, jointly acquired a mixed-use development site in Downtown Shanghai for around 8.94 billion yuan.","market":"sg","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":true,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK6512","D05.SI","LU2211815571.USD","Z74.SI","SG9999000475.SGD","SG9999016042.SGD","SG9999000343.SGD","BK4588","BK4096","G13.SI","S59.SI","LU2272731600.USD","GB00BDT5M118.USD","LU2272731782.SGD","Y92.SI","Z4D.SI","VC2.SI","C09.SI","LU1992135399.USD","BK6088","BK6098","U14.SI","BK7023","BK7016","BK4585","BK4198","STI.SI","BK6046","S08.SI","LJ3.SI","C6L.SI","U96.SI","LU1992135472.HKD"],"gpt_icon":1},{"id":"1114425649","title":"SG Morning Call | Singapore Stocks Open Higher on Monday; Hongkong Land Jumps 2.5%","url":"https://stock-news.laohu8.com/highlight/detail?id=1114425649","media":"TigerNews SG","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1114425649?lang=en_us&edition=fundamental","pubTime":"2024-11-04 09:00","pubTimestamp":1730682000,"startTime":"0","endTime":"0","summary":"Market SnapshotSingapore stocks opened higher on Monday. Hongkong Land rose 2.5%; Seatrium rose 1.1%; Sembcorp and ThaiBev rose 1%; DBS rose 0.8%; Singtel rose 0.7%; UOB rose 0.4%; Olam fell 1.6%.Stoc","market":"sg","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","isJumpTheme":false,"source_url":"","is_publish_highlight":true,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["STI.SI","5UX.SI","K71U.SI","VC2.SI","C09.SI","G13.SI"],"gpt_icon":1},{"id":"2480316003","title":"Weekly Singapore Stock Market Round Up: STI softens despite HK Land’s surge","url":"https://stock-news.laohu8.com/highlight/detail?id=2480316003","media":"The Smart Investor","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2480316003?lang=en_us&edition=fundamental","pubTime":"2024-11-04 07:50","pubTimestamp":1730677801,"startTime":"0","endTime":"0","summary":"The market is gearing up for the big announcements in the week ahead","market":"us","thumbnail":"https://thesmartinvestor.com.sg/wp-content/uploads/2024/08/2-1-300x200.png","type":0,"news_type":0,"thumbnails":["https://thesmartinvestor.com.sg/wp-content/uploads/2024/08/2-1-300x200.png"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://thesmartinvestor.com.sg/weekly-singapore-stock-market-round-up-sti-softens-despite-hk-lands-surge/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"thesmartinvestor_highlight","symbols":["BK4548","META","QLD","IE00BFSS8Q28.SGD","IE00BKDWB100.SGD","IE000KEQY171.SGD","LU0433182093.SGD","VC2.SI","LU0072462426.USD","LU1046422090.SGD","PSQ","BK4525","IE00B7SZLL34.SGD","IE00BYQQ9H92.USD","LU0006306889.USD","MNQmain","QID","IE00BFXG0V08.USD","GOOG","SG9999002950.SGD","H78.SI","BK4551","LU0048573561.USD","BK4579","BK4511","STI.SI","AMZN","NQmain","GOOGL","LU1861559042.SGD","LU2756315664.SGD","LU0082616367.USD","SQQQ","TQQQ","Y92.SI","LU0061475181.USD","GB00B4QBRK32.GBP","TSLA","BK4574","LU1839511570.USD","AAPL","LU2063271972.USD","STI","IE0034235303.USD","IE00B1XK9C88.USD","BK6110","IE00B1BXHZ80.USD",".IXIC"],"gpt_icon":1},{"id":"2480913158","title":"Calculating The Fair Value Of Olam Group Limited (SGX:VC2)","url":"https://stock-news.laohu8.com/highlight/detail?id=2480913158","media":"Simply Wall St.","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2480913158?lang=en_us&edition=fundamental","pubTime":"2024-11-02 10:03","pubTimestamp":1730513022,"startTime":"0","endTime":"0","summary":"The projected fair value for Olam Group is S$1.52 based on Dividend Discount Model. With S$1.22 share price, Olam Group appears to be trading close to its estimated fair value. Olam Group's peers seem to be trading at a higher discount to fair value based onthe industry average of 51%. Now the most important inputs to a discounted cash flow are the discount rate, and of course, the actual cash flows. If you don't agree with these result, have a go at the calculation yourself and play with the assumptions. The DCF also does not consider the possible cyclicality of an industry, or a company's future capital requirements, so it does not give a full picture of a company's potential performance. Given that we are looking at Olam Group as potential shareholders, the cost of equity is used as the discount rate, rather than the cost of capital which accounts for debt. In this calculation we've used 5.5%, which is based on a levered beta o","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/qD9N5kLj9T0w7Ns8NRurOg--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/83f76d21c91eb2ec8cc8f3adfb3843d7","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/qD9N5kLj9T0w7Ns8NRurOg--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/83f76d21c91eb2ec8cc8f3adfb3843d7"],"rights":{"source":"yahoofinance_sg","url":"https://finance.yahoo.com/news/calculating-fair-value-olam-group-020342249.html","rn_cache_url":null,"customStyle":"","selectors":"article, body","filters":"","directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/calculating-fair-value-olam-group-020342249.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance_sg","symbols":["DCF","VC2.SI","BK6025"],"gpt_icon":1},{"id":"1172165267","title":"SGX Weekly Review|Hongkong Land Surges 14%; Olam Jumps 13%; Awaiting SIA, DBS, OCBC, and UOB Earnings","url":"https://stock-news.laohu8.com/highlight/detail?id=1172165267","media":"TigerNews SG","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1172165267?lang=en_us&edition=fundamental","pubTime":"2024-11-02 08:00","pubTimestamp":1730505600,"startTime":"0","endTime":"0","summary":"Singapore stocks fell this week, with the STI down 1.1% in 4 trading days. The market closed on Thursday for the Deepavali public holiday. investors are still assessing the news of a potential fiscal ","market":"sg","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","isJumpTheme":false,"source_url":"","is_publish_highlight":true,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["H78.SI","F34.SI","D05.SI","STI.SI","VC2.SI","Z74.SI","U11.SI","O39.SI","C6L.SI"],"gpt_icon":1},{"id":"2480722490","title":"Singapore Shares End Week Marginally Lower; Olam Group Surges 14%","url":"https://stock-news.laohu8.com/highlight/detail?id=2480722490","media":"MT Newswires","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2480722490?lang=en_us&edition=fundamental","pubTime":"2024-11-01 18:01","pubTimestamp":1730455266,"startTime":"0","endTime":"0","summary":"Singapore stocks finished marginally lower on Friday, tracking overnight losses on Wall Street driven by sell-offs in the technology sector.The Straits Times Index fluctuated between 3,524.33 and 3,556.29 throughout the day. It ended the session at 3,555.43, down by 0.1% or 3.45 points.In corporate news, shares of Olam Group surged over 14% after the company received a non-binding indicative offer from the Saudi Agricultural and Livestock Investment for a stake in the Olam Agri Business.Uni-Asia Group was down nearly 2% even after its wholly-owned subsidiary, Uni-Asia Capital, won a bid to develop and operate a private finance initiative project in Japan.","market":"sg","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":true,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK6512","5UL.SI","BK6052","BK6025","BK6522","CHJ.SI","VC2.SI","BK6088"],"gpt_icon":1},{"id":"2480023654","title":"Olam Group Receives Non-Binding Indicative Offer for Agri Business; Shares Surge 14%","url":"https://stock-news.laohu8.com/highlight/detail?id=2480023654","media":"MT Newswires","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2480023654?lang=en_us&edition=fundamental","pubTime":"2024-11-01 13:44","pubTimestamp":1730439843,"startTime":"0","endTime":"0","summary":"Olam Group received a non-binding indicative offer from the Saudi Agricultural and Livestock Investment Company for a stake in the Olam Agri Business, according to a filing with the Singapore Exchange on Friday.The group is currently reviewing the potential sale of its stake in the business and has said that no formal agreements have been reached as of now.The statement comes following an article published by Bloomberg on Oct. 31 where it stated that SALIC is closing in on a $4 billion deal to takeover Olam's unit.Shares of the company surged over 14% in recent trading.","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":"Olam Group Receives Non-Binding Indicative Offer for Agri Business; Shares Surge 14%","news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["VC2.SI","BK6025"],"gpt_icon":1},{"id":"2480028759","title":"UPDATE 1-Singapore's Olam receives buyout offer for agri unit amid IPO delays","url":"https://stock-news.laohu8.com/highlight/detail?id=2480028759","media":"Reuters","labels":["shareholding","event"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2480028759?lang=en_us&edition=fundamental","pubTime":"2024-11-01 13:10","pubTimestamp":1730437805,"startTime":"0","endTime":"0","summary":"UPDATE 1-Singapore's Olam receives buyout offer for agri unit amid IPO delaysUpdates with further details on deal, context","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241101:nL4N3M80QJ:3","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"shareholding,event","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK6025","VC2.SI"],"gpt_icon":0},{"id":"2480025549","title":"Olam gets buyout offer for agri unit after IPO delay; shares jump 10%","url":"https://stock-news.laohu8.com/highlight/detail?id=2480025549","media":"The Straits Times","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2480025549?lang=en_us&edition=fundamental","pubTime":"2024-11-01 13:10","pubTimestamp":1730437800,"startTime":"0","endTime":"0","summary":"SINGAPORE - Olam Group has received a non-binding indicative offer for its remaining 64.57 per cent stake in Olam Agri from Saudi Agricultural & Livestock Investment Company , a unit of Saudi Arabia’s Public Investment Fund.Salic currently holds a 35.4 per cent minority stake in Olam Agri after investing US$1.24 billion in the unit. The deal was completed in December 2022 and was said to value Olam Agri at US$3.5 billion at the time.On Nov 1, Olam said it is presently exploring the sale of its stake to Salic with appointed advisers.It however emphasised that no definitive terms or formal legal documentation have been agreed upon between the parties to date.Olam’s statement was made in response to an Oct 31 report by Bloomberg, revealing that Salic was in advanced talks with the group on the potential sale.Shares of Olam shot up 11 cents or 10.3 per cent higher, at $1.18 as at the midday trading break on Nov 1.Singapore-listed Olam to pay $4.2 million fine for delayed cotton sales repo","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"straits_highlight","url":"https://www.straitstimes.com/business/companies-markets/olam-exploring-sale-of-remaining-agribusiness-stake-to-saudis-shares-jump-10","rn_cache_url":null,"customStyle":"","selectors":"body","filters":"","directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.straitstimes.com/business/companies-markets/olam-exploring-sale-of-remaining-agribusiness-stake-to-saudis-shares-jump-10","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"straits_highlight","symbols":["BK6025","VC2.SI"],"gpt_icon":0},{"id":"2480904011","title":"Olam Confirms Offer From Saudi Arabia for Agribusiness Unit","url":"https://stock-news.laohu8.com/highlight/detail?id=2480904011","media":"Bloomberg","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2480904011?lang=en_us&edition=fundamental","pubTime":"2024-11-01 12:26","pubTimestamp":1730435169,"startTime":"0","endTime":"0","summary":"Olam Group Ltd. has received a non-binding indicative offer from a state-owned Saudi investment firm to acquire the remaining stake in its agribusiness unit, according to an exchange filing.","market":"sg","thumbnail":"https://www.bnnbloomberg.ca/resizer/v2/7E42GJXBEQVK6UG7EFIU7YXJKY.jpg?smart=true&auth=89957edab1b8e232c69d479a615dca173efb8502e76bc34807720bc588a4a956&width=500&height=333","type":0,"news_type":0,"thumbnails":["https://www.bnnbloomberg.ca/resizer/v2/7E42GJXBEQVK6UG7EFIU7YXJKY.jpg?smart=true&auth=89957edab1b8e232c69d479a615dca173efb8502e76bc34807720bc588a4a956&width=500&height=333"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.bnnbloomberg.ca/investing/commodities/2024/11/01/olam-confirms-offer-from-saudi-arabia-for-agribusiness-unit/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"bnn_bloomberg_highlight","symbols":["VC2.SI","BK6025"],"gpt_icon":0},{"id":"2480704216","title":"Singapore's Olam receives offer from Saudi firm for stake in Agri unit","url":"https://stock-news.laohu8.com/highlight/detail?id=2480704216","media":"Reuters","labels":["event"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2480704216?lang=en_us&edition=fundamental","pubTime":"2024-11-01 12:18","pubTimestamp":1730434692,"startTime":"0","endTime":"0","summary":"Singapore's Olam receives offer from Saudi firm for stake in Agri unitNov 1 (Reuters) - 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