Market highlights

1. Agri-business player Olam International has secured a revolving credit facility of US$1.75 billion (S$2.36 billion). Proceeds will be used to refinance existing loans of the company and subsidiaries.

2. InnoTek said the paid-up share capital of indirect wholly-owned unit Mansfield (Thailand) has been increased by 34.6 million baht (S$1.41 million) to 47.3 million baht in cash.

3. Global Yellow Pages said the price for the land in Papakura, in Auckland, New Zealand, has been negotiated from NZ$38 million (S$37.3 million) to NZ$36 million.

4. EMS Energy auditor BDO has issued a disclaimer of opinion on the firm's consolidated financial statements for FY2016 stemming from a lack of appropriate audit evidence, The Business Times reported.

5. Vard Holdings, a shipbuilder of specialised vessels, has been invited to continue talks for the construction of three ships for the Norwegian Coast Guard.

A version of this article appeared in the print edition of The Straits Times on October 14, 2017, with the headline 'Market highlights'. Print Edition | Subscribe