$Olam Group (VC2.SG)$ Olam Group announced that it received ...
Olam Group announced that it received a non-binding indicative offer (NBIO) from the Saudi Agricultural and Livestock Investment Company (SALIC) for its stake in its Olam Agri business..![]()
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sentosa island : It will soar later, Temasek will make a profit and they are a major shareholder.
Stock Watch OP sentosa island :![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
SG Gov make money again
wonghy : Olam sold 35% OA to Saudi investor at US$1.2B value OA at US$3.5B (or S$4.7B) in 2022. If latest offer value OA at S$4B, it fall short of the 2022 valuation of S$4.7B.
Stock Watch OP wonghy : commodity prices are dropping
wonghy : Sorry, I think the bloomberg report is in USD, ie offer is valuing OA at US$4B (or S$5.2B), same valuation as in 2022.
Stock Watch OP wonghy : As long 4 billion in acc, the price will