SGX Filings

    Incorporation Of Subsidiary

    SGX Filings

    Olam International Limited (the “Company”) wishes to announce that the Company has incorporated a subsidiary in the Dubai Airport Free Zone, United Arab Emirates known as Panasia International FZCO (“Panasia”), with an initial paid-up capital of AED500,000 (approximately US$136,128).

    The principal activities of Panasia are those of sourcing, processing and supply chain management of agricultural products and food ingredients.

    The incorporation of Panasia is not expected to have any significant impact on the financial position of the Group for the current financial year.

    None of the Directors or substantial shareholders of the Company has any interest, direct or indirect, in the above transaction.

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