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VC2 — Olam News Story

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Brief: Olam Group Limited Says No Direct Plantation Operational Exposure To Recent Forest And Peatland Fires

BRIEF-Olam Group Limited Says No Direct Plantation Operational Exposure To Recent Forest And Peatland Fires

- Olam Group Limited OLAG.SI:

  • RESPONSES TO SGX REGCO'S QUERIES

  • NOTE INDONESIA CONTRIBUTES 70% TO OLAM AGRI'S GLOBAL VOLUME, AND HENCE OPERATIONS IN INDONESIA MAY BE RELEVANT TO THESE DEVELOPMENTS.

  • NO DIRECT PLANTATION OPERATIONAL EXPOSURE TO RECENT FOREST AND PEATLAND FIRES

  • NOT AWARE OF ANY MATERIAL IMPACT ON OLAM AGRI'S PALM OIL SOURCING OPERATIONS ARISING FROM RECENT FIRES.

  • DOES NOT EXPECT ANY MATERIAL OPERATIONAL, FINANCIAL, OTHER IMPACT ON GROUP FORM INDONESIAN FIRES


Further company coverage: OLAG.SI


((reuters.briefs@thomsonreuters.com;))

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