Incorporation Of Subsidiaries
Olam International Limited (the “Company”) wishes to announce the incorporation of the following wholly-owned subsidiaries in Australia:
(1) Name: Olam Investments Australia Pty Ltd
Issued and Paid-up Share Capital: AUD1.00 divided into 1 Ordinary share
Principal Activity: Investment holding
(2) Name: Olam Australia Pty Ltd
Issued and Paid-up Capital: AUD1.00 divided into 1 Ordinary share
Principal Activity: Investment holding
Olam Investments Australia Pty Ltd is a direct subsidiary of the Company and immediate holding company of Olam Australia Pty Ltd. Both subsidiaries have been incorporated in connection with the general offer for Queensland Cotton Holdings Limited, Australia.
The incorporation of the subsidiaries is not expected to have any significant impact on the financial position of the Company for the current financial year.
None of the Directors or substantial shareholders of the Company has any interest, direct or indirect, in the incorporation.