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621-640 of 1521
give chance for all to enter again!
hope u guys huat... haha
if the deal dont go thru the stock will go up alot of faster and then trap us in... slowly accumulating
should be coming soon
The Saudi firm already owns just over a third of of Olam Agri, which it bought for US$1.24 billion in 2022. Salic is a unit of the Public Investment Fund and aims to achieve food security for the kingdom, investing domestically and overseas
This is odd. According to the article, the deal was closed on 23 Dec 2024. However, Olam' s last official statement on the matter throught SGXNET was on 1 Nov 2024, in which it stated that they have received NBIO from SALIC but has not reach any concrete decison on the matter, they also stated that they' ve not rule out IPO too and will announce any development accordingly. So far, they have not announce anything so not sure how reliable is the article. Nonetheless, the share price did see a jump on 20 Dec 2024 and it is quite likely that something is afoot. In any case, Olam is pursuing ways to unlock value for shareholders, either through IPO of subsidiaries/demerger/sale so it seems that $1.2 is the bare minimum once Olam is finally able to unlock the value for shareholders.
eddyeddy ( Date: 28-Dec-2024 13:10) Posted:
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For ,, MOUTHWATERING ,,,
eddyeddy ( Date: 28-Dec-2024 13:18) Posted:
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Why they publish this old news again
eddyeddy ( Date: 28-Dec-2024 13:10) Posted:
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https://businessday.ng/companies/article/olam-group-sells-1-24b-stake-in-agri-unit-to-saudi-investment-firm/
ole ole olam olam
i am back lets chiong la
haosei liao. will continue to go up now...
Today' s price movement look promising. If next week go above $1.2 and try $1.25, then even better thing may be in store. Let' s see.
only strong stock now
The deal with Saudi call off ???
No, it drop further.
Boatman ( Date: 13-Dec-2024 09:56) Posted:
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https://thestreetjournal.org/saudi-arabia-pm-lauds-nigerias-economic-reforms-assures-tinubu-of-support/
Saudi Arabia PM (Prince Mohammed bin Salman) lauds Nigeria&rsquo s economic reforms, assures President Tinubu of support.
Nigerian Presidential spokesperson Bayo Onanuga:
The Saudi Agricultural and Livestock Investment Company, SALIC, invested $1.24 billion in 2022 to acquire a 35.43 percent stake in Olam Agri, one of Nigeria&rsquo s leading agricultural firms.
Talks are being held so that SALIC can have more stake in the company.
The Saudis hoped the investment would make Olam one of the biggest agro-allied businesses in the world.
Sounds to me like the Saudi Crown Price MBS is involved in Olam Agri purchase.
DYODD.
Saudi Arabia PM (Prince Mohammed bin Salman) lauds Nigeria&rsquo s economic reforms, assures President Tinubu of support.
Nigerian Presidential spokesperson Bayo Onanuga:
The Saudi Agricultural and Livestock Investment Company, SALIC, invested $1.24 billion in 2022 to acquire a 35.43 percent stake in Olam Agri, one of Nigeria&rsquo s leading agricultural firms.
Talks are being held so that SALIC can have more stake in the company.
The Saudis hoped the investment would make Olam one of the biggest agro-allied businesses in the world.
Sounds to me like the Saudi Crown Price MBS is involved in Olam Agri purchase.
DYODD.
Scared ppl out and later chiong
Getting weak, Big boys so fast run?
Boatman ( Date: 09-Dec-2024 14:11) Posted:
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Dont shy la let go