Press release
11th Jun, 2026
ofi publishes first Choices for Change impact report, giving food and beverage brands insight across global supply chains
The report brings together progress towards targets on farmer livelihoods, living income, protecting human rights and forest-positive sourcing.
ofi’s first Choices for Change impact report sets out progress against the milestone targets behind its 2030 sustainability commitments and brings together practical data and examples from across cocoa, coffee, dairy, nuts and spices. For customers facing tighter expectations around traceability, due diligence, Scope 3 emissions and the evidence behind sustainability claims, it offers a clearer view of where progress is being made and where challenges remain.
It also shows how ofi combines origin presence, sourcing insight and integration at scale to help customers build more resilient supply chains and respond to changing regulatory and market demands.
Published against a backdrop of commodity price volatility, changing regulatory timelines and rising expectations around responsible sourcing, the report shows where ofi has made progress,
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
Press release
27th Apr, 2026
Olam Group announces completion of 44.58% stake sale in Olam Agri to SALIC
Olam Group has completed the Tranche 1 sale of a 44.58% stake in Olam Agri to SALIC for approximately US$1.88 billion, based on an implied 100% equity valuation for Olam Agri of US$4.00 billion and closing adjustments
Olam Agri becomes majority 80.01% owned by SALIC and a 19.99% owned associated company of Olam Group
At completion of Tranche 2 within three years, Olam Agri will become a 100% owned subsidiary of SALIC
Olam Group remains focused on executing the Updated 2025 Re-organisation Plan to unlock value for shareholders
Olam Group Limited (“Olam Group”, “OGL”, the “Company”, or together with its subsidiaries, “the Group”) has announced that its wholly-owned subsidiary, Olam Holdings Pte. Ltd. has completed the Tranche 1 sale of 44.58% stake in Olam Agri to the Saudi Agriculture & Livestock Investment Company (“SALIC”), the food and agriculture investment arm of Public Investment Fund of the Kingdom of Saudi Arabia, for US$1.88 billion (approximately S$2.4 bill
