Olam CEO Sunny Verghese, speaking to about 100 analysts and reporters assembled for a hurriedly called news conference, sought to allay concerns that investors such as Temasek were growing worried over the allegations from Muddy Waters.
"On the Temasek issue you have raised, the only thing I would say is that I am grateful they have stood by us and stayed invested," he said. "For me that is the biggest support."
Temasek spokesman Stephen Forshaw said after Verghese's comments: "We have maintained our position in Olam. We have nothing further add." Full story
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