date:Feb 17, 2014
illion expansion in invested fixed capital, about half of which was in food staples and packaged food segment on assets including grain mills, palm plantations and rice farms.
Olam came under attack from short-seller Muddy Waters in late 2012 for its accounting practices, only to be rescued by its top shareholder, Singapore's sovereign investor Temasek Holdings (Private) Ltd. A few months later, it set out to cut its capital spending and debt levels.
Net gearing at the six-month period stood a