Thursday, August 29, 2013

Aug 29: Olam, Thai Bev

Singapore shares prices fell 1.0% on Wednesday for the 10th straight session of losses. The blue-chip Straits Times Index (STI) shed 29.84 points to close at 3004.18. Here are some factors and company news that could affect the market this Thursday morning:

Singapore-listed commodities firm Olam International has secured a US$400 million revolving credit facility.

Thai Beverage has said it has appointed a financial advisor, which it did not name, to undertake a strategic review and consider the implications of a proposed dividend in specie announced By Fraser And Neave.

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