Press Release

    Olam International Announces Change in Fiscal Year

    Press release

    The Board of directors of Olam International Limited (the “Company“) wishes to announce a fiscal year-end change from June 30 to December 31. The change will enable the Company to align its fiscal year to comply with the group consolidation and reporting requirements of its majority shareholder.

    With this change, the Company’s current fiscal year, which began on July 1, 2014 will end on December 31, 2015. Thereafter, the Company will follow a January to December fiscal year.

    The schedule for release of results is as follows:

    Financial Period Previous Financial Period for Comparison Period for Release
    Quarter ended 30 September 2014 Quarter ended 30 September 2013 Released on 14 November 2014
    Quarter and Six months ended 31 December 2014 Quarter and Six months ended 31 December 2013 13 February 2015
    Quarter and Nine months ended 31 March 2015 Quarter and Nine months ended 31 March 2014 May 2015
    Quarter and Twelve months ended 30 June 2015 Quarter and Twelve months ended 30 June 2014 August 2015
    Quarter and Fifteen months ended 30 September 2015 Quarter ended 30 September 2014 and Twelve months ended 30 June 2014 November 2015
    Quarter and Eighteen months ended 31 December 2015 Quarter ended 31 December 2014 and Twelve months ended 30 June 2014 February 2016
    Eighteen months ended 31 December 2015 (audited) Twelve months ended 30 June 2014 (audited) April 2016

    The next Annual General Meeting will be held no later than April 30, 2016.

    In addition, to facilitate comparison with prior years, the Company will provide historical pro-forma financial information for financial years ended December 31, 2014, 2013, 2012, and 2011. This will be done via SGXNET and on its website before June 30, 2015.

    Download the report

    • Document
      8Jan2015-Change_in_Fiscal_Year
    About Olam

    Olam is a leading agri-business operating across the value chain in 65 countries, supplying various products across 16 platforms to over 13,800 customers worldwide. From a direct sourcing and processing presence in most major producing countries, Olam has built a global leadership position in many of its businesses. Headquartered in Singapore and listed on the SGX-ST on February 11, 2005, Olam currently ranks among the top 50 largest listed companies in Singapore in terms of market capitalisation and is a component stock in the Straits Times Index (STI), 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.

    More information on Olam can be found at www.olamgroup.com.

    Olam is located at 9 Temasek Boulevard #11-02 Suntec Tower Two Singapore 038989,
    Telephone: +65 63394100, Facsimile: +65 63399755.

    Issued on behalf of Olam International Limited by:

    WATATAWA Consulting, 28 Maxwell Road #03-03 Red Dot Traffic Building Singapore 069120

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