Olam Group AGM - Companies organizations plan to de-level the group and make it debts free and sustainable, secondly to invest 500m into Ofi and thirdly , to divest remaining assets to monetize and pass on the proceeds and payout as Special dividend.
AGM on 25th April 2pm at Sands Expo. Nice gifts provided plus coffee and tea. IPO listing plan for Ofi in Saudi Arabia and locally. Recent divestment gains of AFI plus another assets is about US2.58b. Realises gains of US1.84b. I think high chance 1st Half Results we may hear about the special dividend payout. Current CD , XD 5th May .
Chart wise, bullish mode!
The Gapped at 93.5 cents has been covered pathing the way for her to rise up further towards 1.01.
Pls dyodd.
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