16.01.2013 - Shareholders of Singaporeís Olam approve fee payment to Temasek
Shareholders of Olam International Ltd approved the payment of US$6.4 million (RM) in fees to a unit of Singapore state investor Temasek Holdings Pte Ltd for fully backing the embattled commodity firmís US$1.2 billion bonds-with-warrants issue. The sub-underwriting fee, which had been expected to receive approval, is being paid to Temasek, also Olamís second-biggest shareholder, as the Singapore commodities firm taps the debt market for funds to bolster its financial position...............................................Full Article: Source
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