Listed on 11 February 2005 on the mainboard of the Singapore Exchange (SGX) (SGX: Olam; Bloomberg: OLAM SP; Reuters: OLAM.SI), Olam currently ranks among the top 30 largest primary listed companies in Singapore in terms of market capitalisation and is a Singapore constituent stock of the FT Global All Cap Ex US Index. Since June 2020, Olam has been included in the FTSE4Good Index Series, a global sustainable investment index series developed by FTSE Russell, following a rigorous assessment of its supply chain activities, impact on the environment and governance transparency.
We are re-organising our business to create two new coherent operating groups, Olam Food Ingredients (ofi) and Olam Agri, each is well-positioned for further growth in line with key customer trends and market opportunities.
ofi comprises industry-leading businesses in cocoa, coffee, nuts, spices, and dairy, and offers ‘on-trend’ sustainable, natural, value-added food products and ingredients for consumers to enjoy. It is focused on meeting growing demand and changing consumer preferences for health and nutrition, clean labelling, authenticity, supply chain visibility and sustainability.
Olam Agri is a market-leading and differentiated food, feed and fibre agri-business, focused on meeting rising demand for protein in high-growth emerging markets. The business comprises grains, animal feed and protein, edible oils, rice, specialty grains and seeds, cotton, rubber, wood products and commodity financial services. It has a proven expertise in processing and a unique global origination footprint.
Olam continues to provide interim stewardship for ofi and Olam Agri until the planned carve-out and demergers are completed. It also nurtures gestating businesses to full potential and incubates new engines for future growth while managing the responsible divestment of de-prioritised businesses and assets to redeploy capital for growth.
ofi and Olam Agri will be carved-out and separated by the end-of-2021. Concurrent listings on the London Stock Exchange and the Singapore Exchange and demerger of ofi from the Olam Group is planned to be completed by H1 2022.
Olam is also evaluating strategies to maximise the long-term growth potential and value enhancement of Olam Agri including a potential IPO and concurrent demerger by H1 2023.
Downloads for our latest financial results can be here.
Previous results can be found under the Financial Results section within the Investor Relations Library and through our financial dashboard that provides a comprehensive overview of our Company’s financial performance and allows investors to search, display and download historical financial data for trend analysis.
Our business model is based on four elements which set our future direction.
We have a rigorous governance framework and strong leadership ensuring it is followed.
We have a dedicated library for all of our financial information, releases, and reports to meet our investor needs.
Olam’s shareholding structure today reflects the long-term tenor of its strategy with key shareholders being Temasek Holdings (53.2%), Mitsubishi Corporation (15.0%) and Kewalram Chanrai Group (7.0%).
By developing our six points of differentiation even before scaling its businesses, Olam has acquired competitive strengths to execute a growth strategy that will serve to enhance its margins and returns for continuing shareholders.