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[STOCK] OLAM INTERNATIONAL LIMITED
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3-12-2012 10:33 PM
Lesser Mortal Offline
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3-12-2012 10:27 PMtalkcover wroteThey going to raise US$1.25 billion in rights issue

Just days they said no requirement of 'fresh' funds for
at least half a year is Laughing: stock.

Confidence indeed Tongue sticking out:

Dun laugh lar, even i am had not invest in olam. Now very worry what cost our elites going to increase for this "Long Term Investment"

The people deserve the government they have.
He who gives up freedom for safety deserves neither.
Democracy gives every man the right to be his own oppressor.
It has been found that the best way to insure implicit obedience is to commence tyranny in the nursery.
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3-12-2012 10:44 PM
essen Offline
秦始皇

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3-12-2012 10:33 PMLesser Mortal wroteDun laugh lar, even i am had not invest in olam. Now very worry what cost our elites going to increase for this "Long Term Investment"

just hiked property tax, not enough to cover?

不懂装懂 永远饭桶
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3-12-2012 10:51 PM
talkcover Offline
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3-12-2012 10:44 PMessen wrotejust hiked property tax, not enough to cover?

They now eye 'children' fund. Crying:
钱不够
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3-12-2012 11:44 PM
Lesser Mortal Offline
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3-12-2012 10:51 PMtalkcover wroteThey now eye 'children' fund. Crying:
钱不够

"children fund" You mean they intend to make lesser mortal pay taxes for children?

The people deserve the government they have.
He who gives up freedom for safety deserves neither.
Democracy gives every man the right to be his own oppressor.
It has been found that the best way to insure implicit obedience is to commence tyranny in the nursery.
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4-12-2012 6:24 AM
alleggsinonebasket Offline
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Nobody is going to sink more money into this sucker.

If temasek do it, it must be too big to fail
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4-12-2012 7:11 AM
sticw Online
Mere Mortal

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Quote:News: Olam announces US$750m rights issue of bonds, warrants
SINGAPORE - Singapore's Olam International Ltd, under attack by short-seller Muddy Waters for its alleged aggressive spending, accounting practices and debt levels, announced a rights issue on Monday consisting of bonds and warrants.

The commodity trader proposed an underwritten rights issue of US$750 million in principal amount of 6.75 per cent bonds due in 2018, along with 387.4 million free detachable warrants.

The issue price of the bonds will be 95 per cent of the principal amount and the gross proceeds from the issue of the bonds are US$712.5 million, Olam said.

Olam said the transaction was fully backed by Singapore state investor Temasek Holdings Pte Ltd, which holds a 16 per cent stake in the company.

Empress Dowager's pet...
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4-12-2012 7:39 AM
talkcover Offline
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3-12-2012 11:44 PMLesser Mortal wrote"children fund" You mean they intend to make lesser mortal pay taxes for children?

You never hear children is the "future" meh Laughing:
Better study HP script now. Laughing:
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4-12-2012 9:30 AM
wiley Offline
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4-12-2012 6:24 AMalleggsinonebasket wroteNobody is going to sink more money into this sucker.

If temasek do it, it must be too big to fail

somebody in CNA said "Its too big debt to fail"

$5.8billion debt - twice of mkt cap, tamasick need to pickup the debt if Olam failed.

c( ͡° ͜ʖ ͡°)ɔ “A fool thinks himself to be wise, but a wise man knows himself to be a fool.” From “As You Like It,” by William Shakespeare
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4-12-2012 9:45 AM
alleggsinonebasket Offline
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4-12-2012 9:30 AMwiley wrotesomebody in CNA said "Its too big debt to fail"

$5.8billion debt - twice of mkt cap, tamasick need to pickup the debt if Olam failed.

if it fails, there could be investors riot outside SGX.

also, the fund manager from Temasick who decided to own OLAM will be in trouble.

of course, try their best not to let it fail. timeout
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4-12-2012 8:19 PM
Lesser Mortal Offline
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4-12-2012 9:45 AMalleggsinonebasket wroteif it fails, there could be investors riot outside SGX.

also, the fund manager from Temasick who decided to own OLAM will be in trouble.

of course, try their best not to let it fail. timeout

Dun worry lar, there won't be a riot as the lesser mortals won't dare to do it. Just recall what happen in the lehman brother incident, when the investors mention that they want to gather outside DBS bank, the mata come out immediately and say that they will take tough action against this. So u think the lesser mortals here dare to do it? music

Anyway look like this right issue is a good news as the share price go out today.

The people deserve the government they have.
He who gives up freedom for safety deserves neither.
Democracy gives every man the right to be his own oppressor.
It has been found that the best way to insure implicit obedience is to commence tyranny in the nursery.
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