Aolan has obtained approval from lending institutions to divest 32.4% equity in the port operator | Lianhe Zaobao
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Olam has obtained approval from the lenders of port operator Arise P&L to proceed with the sale of its 32.4% stake to Equitane. This approval is a necessary condition for applying to Arise P&L's shareholders and regulatory authorities for the sale of the equity, with the transaction expected to be completed by December 31, 2025. The company stated that it will complete the sale as soon as all approvals are obtained and will issue announcements when there are significant developments. As of 9:30 AM on Wednesday, Olam's stock price was HKD 0.94, unchanged
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