PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: Olam (OLAM SP) Chairman, CEO and CFO are to step down

The announcement of Olam's Chairman, CEO, and CFO stepping down is a significant shift in leadership that could raise concerns about operational continuity and strategic direction.

Newsquawk StaffPublished 10 Apr 2026, 00:49 UTCOn the live feed at 00:29 UTC — 1 more headline followed before this page went public

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PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: Olam (OLAM SP) Chairman, CEO and CFO are to step down

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US Treasury Secretary Bessent reportedly summoned Wall Street CEOs to discuss Anthropic's Mythos

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PBoC is expected to set USD/CNY mid-point at 6.8313 (prev. 6.8649)

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TAIWAN

AU Optronics Co. (2409 TT) - Co. March revenue TWD 26.02bln (prev. TWD 25.85bln) and January–March revenue TWD 69.03bln (prev. TWD 72.10bln). (Dow Jones Newswires)

Delta Electronics Inc. (2308 TT) - Co. Q1 rev. rose 34% Y/Y to TWD 159.35bln, marking a record high for the January–March period. (Taipei Times)

Ennostar Inc. (3714 TT) - Co. expects to begin shipments of pluggable optical modules for AI server racks as early as next year to meet customer demand. (Taipei Times)

SINGAPORE

City Developments Ltd. (CIT SP) - Co. established a SGD 2.00bln multicurrency perpetual securities issuance programme and will use proceeds for working capital and debt refinancing. (Dow Jones Newswires)

Olam (OLAM SP) - Co. Chairman, CEO and CFO are to step down. (Newswires)

United Overseas Bank Ltd. (UOB SP) - Co. was appointed arranger and dealer for City Developments’s multicurrency perpetual securities issuance programme. (Dow Jones Newswires)

Context

Investors will likely scrutinize the timing and reasons behind this change, especially considering the potential for shifts in company strategy or performance, which could impact its stock price and broader market sentiment in the sector. This change in leadership could be indicative of larger organizational challenges or a strategic pivot.

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