• Wed
  • Nov 26, 2014
  • Updated: 10:30pm

Olam International

Olam International's bond sale only 'delays collapse', says Carson Block

Olam International's planned US$1.25 billion raising will only postpone the likely collapse of the commodity trader, according to Muddy Waters, the research firm led by short-seller Carson Block.

Wednesday, 5 December, 2012, 3:12am

Rice trader Olam International fights back over Muddy Waters' claims

Olam International, whose shares have fallen 9.5 per cent since short seller Carson Block said it might fail, has sued him for defamation. He responded with a 133-page report that called the commodity trader an emperor with no clothes.

4 Dec 2012 - 3:10am

Olam turns to courts in battle with Muddy Waters

Singapore commodities trader Olam International took its battle with short-seller Muddy Waters to a Singapore court on Wednesday as it fought off criticisms of its accounting practices and debt levels that have battered its share and bond prices.

22 Nov 2012 - 1:24pm

Briefs, November 22, 2012

Olam takes Muddy Waters to court

22 Nov 2012 - 4:13am

Accounting questions send shares of commodity trader Olam lower

Olam International slumped the most in six months in Singapore trading after short-seller Carson Block questioned the agricultural commodity trader's accounting methods.

The share fell 7.5 per cent to S$1.61 at the close, the lowest since May 16, while its bonds also fell in Asian trade.

21 Nov 2012 - 1:56am

Commodity trader Olam battles Muddy Waters accounting claims

Singapore commodities trader Olam International Ltd defended its accounting practices after attacks by short-seller Muddy Waters which media reports said questioned the way it keeps its books, sending its U.S.-listed shares tumbling.

20 Nov 2012 - 3:27pm