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Latest Forum Topics / Olam Group    Last:1.27 --  Post Reply
Global Invacom Aim Listing
eddyeddy
Master
23-May-2026 23:08     
 
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 Alert Admin 		Guess Temasek , Mitsubishi, sunny and Muthu also want the special dividends.
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eddyeddy
Master
23-May-2026 13:52     
 
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 Alert Admin 		I just wrote to them also.

tonytony      ( Date: 23-May-2026 09:41) Posted:

Anyway I have written to IR of Olam, [email protected],  on this issue. Hope more wrtie to them so that they know we are serious about this special dividend .
 

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tonytony
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23-May-2026 09:41     
 
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 Alert Admin 		Anyway I have written to IR of Olam, [email protected],  on this issue. Hope more wrtie to them so that they know we are serious about this special dividend .
 
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belugacat
Member
23-May-2026 08:20     
 
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 Alert Admin 		It will be nice if some accountant can work out how much divestment proceeds left after settling off the bonds and debts whatsover, rather than to assume the integrity of the promises made
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tonytony
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23-May-2026 07:19     
 
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 Alert Admin 		I revisit the result briefing on 27 Feb , it shown in the Blanc and white slight also .not just words from Sunny ! Olam just have to honour
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JurongW
Elite
22-May-2026 23:30     
 
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Yells: "Earnings give weight, Chart give wings"
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 Alert Admin 		If management' s promises turn out to be No  Action, Talk Only, then it is time we hold them accountable.
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tonytony
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22-May-2026 21:56     
 
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 Alert Admin 		Do Olam need to have a resolution to approve the special dividend by the board before distribution.?

Alignment      ( Date: 21-May-2026 10:25) Posted:

Quoting from Sunny at the FY results presentation (taken from the transcript):

" each time we divest, the proceeds that we collect from the divestment will be distributed to the shareholders as a special dividend."  

" And for the special dividends, it is -- you have to make an assessment of what assets will be sold when, how much of divestment proceeds we' ll get in a year. We will not wait for half yearly or full year, end of the year, for the special dividends. The special dividends will be paid out to you progressively as and when those transactions are completed."

" And you can hold us to account that, yes, we have sold an asset, we have distributed the proceeds as a special dividend, that you can hold us to account."  

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eddyeddy
Master
22-May-2026 19:50     
 
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 Alert Admin 		Olam received the proceeds on 15 may , but still.no action from the management on the special dividend ?

Alignment      ( Date: 21-May-2026 10:25) Posted:

Quoting from Sunny at the FY results presentation (taken from the transcript):

" each time we divest, the proceeds that we collect from the divestment will be distributed to the shareholders as a special dividend."  

" And for the special dividends, it is -- you have to make an assessment of what assets will be sold when, how much of divestment proceeds we' ll get in a year. We will not wait for half yearly or full year, end of the year, for the special dividends. The special dividends will be paid out to you progressively as and when those transactions are completed."

" And you can hold us to account that, yes, we have sold an asset, we have distributed the proceeds as a special dividend, that you can hold us to account."  

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Boatman
Master
22-May-2026 14:19     
 
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 Alert Admin 		good good chiong
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Alignment
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21-May-2026 10:25     
 
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 Alert Admin 		Quoting from Sunny at the FY results presentation (taken from the transcript):

" each time we divest, the proceeds that we collect from the divestment will be distributed to the shareholders as a special dividend."  

" And for the special dividends, it is -- you have to make an assessment of what assets will be sold when, how much of divestment proceeds we' ll get in a year. We will not wait for half yearly or full year, end of the year, for the special dividends. The special dividends will be paid out to you progressively as and when those transactions are completed."

" And you can hold us to account that, yes, we have sold an asset, we have distributed the proceeds as a special dividend, that you can hold us to account."  
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Boatman
Master
20-May-2026 13:25     
 
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 Alert Admin 		Lets chiong
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tonytony
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19-May-2026 09:11     
 
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 Alert Admin 		Even special dividend will be declared soon also negative to share price ?
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alexvar
Senior
18-May-2026 09:58     
 
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 Alert Admin 		wow, this would be great!

dividends from WIPRO sale & Arise P/L  disposal - special dividends.

When can we expect the sgxnet  announcements?

dydd

tonytony      ( Date: 17-May-2026 15:36) Posted:

CEO Sunny Verghese did explicitly state during the 27 February results briefing that the board intends to pay out the special dividends immediately upon receiving the cash, rather than forcing shareholders to wait for the standard half-year or full-year financial cycles. [1, 2]
Now that the Mindsprint deal officially closed early on 15 May 2026, the mechanics of how he can deliver on that exact " no-wait" promise come down to a specific corporate timeline: Why a Standalone Board Meeting is Now Expected
Because the CEO promised not to wait for the August half-year earnings, the board will handle this via an Extraordinary Board Meeting. Under SGX listing rules, a company can declare a special dividend at any point in the year via a standalone corporate announcement, provided the cash is legally realized.
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shk363
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18-May-2026 08:55     
 
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 Alert Admin 		gap up today
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Joelton
Supreme
17-May-2026 21:34     
 
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 Alert Admin

Olam Group completes Mindsprint sale to Wipro for US$386 million cash

In a bourse filing on May 15, Mainboard-listed Olam Group has announced the completion of the sale of subsidiary Mindsprint to Wipro, a global technology services and consulting company. Wipro paid US$386 ($492) million in cash for Mindsprint.

The sale of Mindsprint, an IT and digital services business, is part of Olam&rsquo s updated 2025 re-organisation plan to gradually divest and monetise the assets and businesses of Olam Global Holdco and distribute the net proceeds to the shareholders via special dividends after taking into account the prevailing operational and financing needs of Olam.

While fully-divested from Olam, Mindsprint will continue to support the technology and shared services requirements of its former parent under an eight-year agreement with Wipro.

Olam chairman Yap Chee Keong says: &ldquo The completion of the Mindsprint divestment marks another significant step forward in our Re-organisation Plan, and follows the completion of the landmark sale of 44.58% stake in Olam Agri to SALIC which we announced in April 2026. We are making meaningful and tangible progress in crystallising the value of our businesses and assets for shareholders.&rdquo
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tonytony
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17-May-2026 15:36     
 
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 Alert Admin
CEO Sunny Verghese did explicitly state during the 27 February results briefing that the board intends to pay out the special dividends immediately upon receiving the cash, rather than forcing shareholders to wait for the standard half-year or full-year financial cycles. [1, 2]
Now that the Mindsprint deal officially closed early on 15 May 2026, the mechanics of how he can deliver on that exact " no-wait" promise come down to a specific corporate timeline: Why a Standalone Board Meeting is Now Expected
Because the CEO promised not to wait for the August half-year earnings, the board will handle this via an Extraordinary Board Meeting. Under SGX listing rules, a company can declare a special dividend at any point in the year via a standalone corporate announcement, provided the cash is legally realized.
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tonytony
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17-May-2026 15:24     
 
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 Alert Admin 		  Olam Group Limited' s Second Half and Full Year 2025 Results Briefing https://share.google/vu4BoFClkiSZXrO6y
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edwinjup1
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17-May-2026 14:50     
 
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 Alert Admin 		I didn't able to locate this statement...may I know which page you refer to?thanks

tonytony      ( Date: 17-May-2026 09:16) Posted:

Thanks. I revisited the FY result briefing by the CEO ,and CFO on 27 of Feb. CEO said they will pay the dividend once they receive the proceeds from the closing of the deals , and will not wait for half or FY to declare these special dividends . In this case , we should expect they will announce special dividend in the next few days ?

Alignment      ( Date: 16-May-2026 19:54) Posted:

It should not affect the payment quantum, if Olam sticks to its guidance that all proceeds will be paid as special dividends. Furthermore, at end 2025 Olam had over S$2bn of cash on its balance sheet and will now have even more following the Olam Agri sale completion, so it can easily afford to redeem the bond without using the Mindspring proceeds. And that is even before considering Olam could borrow to redeem the bond.

All that said, one cannot be 100% sure that Olam will do what it said it would do. And that doubt is why Olam' s share price is less than 50% of its fundamental value. If there was no doubt the share price would be a lot higher than it is
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tonytony
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17-May-2026 12:39     
 
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 Alert Admin
The expected milestone timeline for your cash payout is outlined below:
Phase 1: The Board Announcement Window (Expected Late May 2026)
  • The Process: Over the next 7 to 14 days, Olam' s finance team will reconcile the final cash adjustments from Wipro. The board will then approve the distribution via a digital Board Resolution by Circulation.
  • The SGX Target Date: Based on the May 15 closing date, you can expect the official " Special Dividend Declaration" notice to drop on SGXNET between 22 May and 29 May 2026.
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tonytony
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17-May-2026 09:16     
 
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 Alert Admin 		Thanks. I revisited the FY result briefing by the CEO ,and CFO on 27 of Feb. CEO said they will pay the dividend once they receive the proceeds from the closing of the deals , and will not wait for half or FY to declare these special dividends . In this case , we should expect they will announce special dividend in the next few days ?

Alignment      ( Date: 16-May-2026 19:54) Posted:

It should not affect the payment quantum, if Olam sticks to its guidance that all proceeds will be paid as special dividends. Furthermore, at end 2025 Olam had over S$2bn of cash on its balance sheet and will now have even more following the Olam Agri sale completion, so it can easily afford to redeem the bond without using the Mindspring proceeds. And that is even before considering Olam could borrow to redeem the bond.

All that said, one cannot be 100% sure that Olam will do what it said it would do. And that doubt is why Olam' s share price is less than 50% of its fundamental value. If there was no doubt the share price would be a lot higher than it is.

tonytony      ( Date: 16-May-2026 16:03) Posted:

if this bond is redeemed , will it affect the special dividend payout quantum  from Mindspring


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