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Statement: Temasek to sub-underwrite Olam's proposed US$750m renounceable underwritten bond-cum-warrant rights issue
Statement in Olam’s 3 December 2012 news release
“We have invested in Olam over the years. We are supportive of its publicly known strategy to take the opportunity, in recent years, to add on more upstream and midstream capabilities and capacities.
"While no business is without risks, we remain comfortable with Olam’s credit position and longer term prospects, and are pleased to have another opportunity to invest in the company, alongside other shareholders.”
David Heng
Senior Managing Director, Investments, Temasek