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:
64202
Other holding companies
Wholesale trade of a variety of goods without a dominant product
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This is only a preview of the TrustScore results for OLAM GLOBAL AGRI PTE. LTD., showcasing a few facets of its business that we have analysed.
Evolving Stage
A brand in its evolving stage is one that is actively growing, refining, and expanding its market presence. They have gained certain traction in establishing foothold in chosen markets. These brands have defined their core identity, mission, and values and is continuously working to scale their operations, reach new audiences and adapt to changing market dynamics. They are in the process of continuous improvement and innovation, and focusing on customers engagement and feedback.
The company's address in use by other companies, may raise concerns about the company's credibility and legitimacy. OLAM GLOBAL AGRI PTE. LTD. is relatively new, having been operational for less than a year. Companies that have been established for a longer period of time are generally considered more reliable and trustworthy.
OLAM GLOBAL AGRI PTE. LTD. has no presence on career platforms and provides no public information about its work environment or employee satisfaction. This lack of transparency may indicate less focus on employee well-being or difficulty in attracting talent, potentially impacting OLAM GLOBAL AGRI PTE. LTD.'s long-term success.
The company is not blacklisted by CaseTrust, which is a positive indicator of its credibility. The company is not on the MAS Enforcement List, which is a positive indicator of its compliance with financial regulations.
OLAM GLOBAL AGRI PTE. LTD. may not have accessible contact information online, which dilutes engagement and credibility. The company has no official business profile on major search engines. This absence makes it difficult for potential customers to verify the company's legitimacy or get in touch, potentially raising suspicions about its credibility.
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Sign In to ContinueThe 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.
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 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
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
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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.