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

By Reuters News

Oct 21 (Reuters) - 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

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