PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: Olam (OLAM SP) received all of the required regulatory approvals for the sale of the remaining controlling stake in Olam Agri to SALIC

Olam International has secured all necessary regulatory approvals for divesting its remaining stake in Olam Agri to SALIC, which is a significant step towards streamlining its operations and focusing on core areas.

Newsquawk StaffPublished On the live feed at 2 more headlines followed before this page went public
Newsquawk headlinesUTC

PRE-MARKET CHINESE STOCKS NEWS: Contemporary Amperex Technology (300750 CH) Q1 (CNY) net 20.7bln (exp. 17.9bln), rev. 129.1bln (exp. 116.3bln), to set up unit ensuring supply chain stability, and said to seek relief from Pentagon curbs

Australian Consumer Inflation Expectations (Apr) 5.9% (Prev. 5.2%)

PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: Olam (OLAM SP) received all of the required regulatory approvals for the sale of the remaining controlling stake in Olam Agri to SALIC

Iran's Interior Minister has ordered border governors to neutralise the threat of a naval blockade by strengthening and developing border trade by increasing imports of basic goods and exports of goods, utilising all national and regional capacities

China is expected to upgrade tax refund rules by the end of April, according to Chinese press

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Free. No signup, no card.

TAIWAN

Airlines - International flights to and from Taiwan will decline by an average of 52.6 per week in May, roughly 1.7% of those originally scheduled, due to surging global fuel prices, according to data from the Civil Aviation Administration. (Focus Taiwan)

Other News

Taiwan’s legislature yesterday agreed to start deliberating the government’s general budget for this fiscal year after an hour of caucus negotiations, potentially ending 230 days of deadlock. (Taipei Times)

SINGAPORE

Olam (OLAM SP) - Co. received all of the required regulatory approvals for the sale of the remaining controlling stake in Olam Agri to SALIC. (Newswires)

Context
This move may enhance investor sentiment around Olam by indicating a strategic shift and possibly unlocking value in the company, while also setting a precedent for further consolidation in the sector.

Related headlines

The whole workspace, free to try.

Try it free