Saturday 20 April 2024
  • Triesteexpresso
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subsidiaries

Olam announces 100% interest in newly incorporated subsidiaries

SINGAPORE – Olam International Limited has announced 100% interest in newly incorporated subsidiaries namely Olam Coffee Holdings Pte. Ltd. And Olam China Limited. Further, Olam has acquired 546,000 Ordinary Shares in Long Son Joint Stock Company (“Long Son”), a company established under the laws of Vietnam, and a Cashew processor, for a total consideration of USD 20 million.

State to retain 51% stake in Vinacafe

HANOI, Vietnam - The Viet Nam National Coffee Corporation (Vinacafe) will be equitised in 2017, following a directive of the government on restructuring the...

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