Press release
15th May, 2026
Olam Group announces completion of Mindsprint sale to Wipro
Singapore
Olam Group Limited (“OGL” or the “Company”, or together with its subsidiaries, “the Group”) announced today that it has completed the sale of its 100% stake in Mindsprint Pte. Ltd. (“Mindsprint”) to Wipro Limited (“Wipro”) for a final cash consideration of US$386 million1 (approximately S$492 million2 ).
The completion of the sale follows receipt of all necessary regulatory approvals and satisfaction of other closing conditions.
The sale of Mindsprint is aligned to the Group’s Updated 2025 Re-organisation Plan to responsibly divest and monetise the assets and businesses of OGH3 over time and progressively distribute the net proceeds to the Company’s shareholders via special dividends after taking into account prevailing operational and financing needs of the Group.
Mr Yap Chee Keong, Chairman at Olam Group, said: “The completion of the Mindsprint divestment marks another significant step forward in our Re-organisation Plan, and follows the completion of the landmark
Blog
20th Mar, 2023
Building a Business that Conserves Forests, One Step At a Time
“I have worked in the Congo basin for years, but nothing could have prepared me for the moment when I was just steps away from Buka, who belongs to one of the four groups of habituated silverback gorillas living in the vicinity of our forest concessions in the Congo Basin,” says Vincent Istace, Head of Corporate Responsibility & Sustainability at Congolaise Industrielle des Bois (CIB), an Olam Agri subsidiary.
Personal pictures of Paki Paki taken by Vincent Istace in 2021. © Vincent Istace
“This landscape is ideal for wildlife viewing compared to other natural forests in the area. The forest is more open, making it easier to see and spot gorillas and other wildlife. This feature has made sites such as Mondika one of the world’s most interesting spots for the study of great apes.
It may surprise some to hear that critical gorilla and chimpanzee habitats around the buffer zones of Nouabale-Ndoki National Park, are also where sustainable timber harvesting is practiced.”
Forest