Statement by Olam International
Singapore, November 27, 2012 –
Olam International (“Olam” or “the Company”) has been informed that a report by Muddy Waters on the Company was issued this afternoon. Olam will assess the report and respond appropriately in due course.
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About Olam International Limited
Olam International is a leading global integrated supply chain manager and processor of agricultural products and food ingredients, supplying various products across 16 platforms to over 12,300 customers worldwide. From a direct presence in more than 65 countries with sourcing and processing in most major producing countries, Olam has built a global leadership position in many of its businesses, including Cashew, Spices & Dehydrates, Cocoa, Coffee, Rice, Cotton and Wood Products. Headquartered in Singapore and listed on the SGX-ST on February 11, 2005, Olam currently ranks among the top 40 largest listed companies in Singapore in terms of market capitalisation and is a component stock in the Straits Times Index (STI), MSCI Singapore Free, S&P Agribusiness Index and the DAXglobal Agribusiness Index. Olam is the only Singapore firm to be named in the 2009, 2010 and 2012 Forbes Asia Fabulous 50, an annual list of 50 big-cap and most profitable firms in the region. It is also the first and only Singapore company to be named in the 2009 lists for the Global Top Companies for Leaders and the Top Companies for Leaders in the Asia Pacific region by Hewitt Associates, the RBL Group and Fortune.
ISSUED ON BEHALF OF :
Olam International Limited
BY : Citigate Dewe Rogerson, i.MAGE Pte Ltd
1 Raffles Place
#26-02 OUB Centre
Singapore 048616
For Olam
CONTACT : Mr Aditya Renjen – GM, Investor Relations
Ms Chow Hung Hoeng – Associate GM, Investor Relations
DURING OFFICE HOURS : + 65 66031104 / 63179471 (Office)
AFTER OFFICE HOURS : + 65 96570339 / 98346335 (Mobile)
EMAIL : Aditya.Renjen@olamnet.com / chow.hunghoeng@olamnet.com
For CDRi.MAGE
CONTACT Ms Dolores Phua / Ms Pearl Lam
DURING OFFICE HOURS : + 65 345122 (Office)
AFTER OFFICE HOURS : + 65 97508237 / 9781 3518 (Mobile)
EMAIL : dolores.phua@citigatedrimage.com / pearl.lam@citigatedrimage.com