Sulaiman AlRumaih, CEO of Saudi Agricultural and Livestock Investment Co. (SALIC)
Sulaiman AlRumaih, CEO of Saudi Agricultural and Livestock Investment Co. (SALIC), said the firm’s assets have nearly quintupled over the past five years, while returns grew at an annual rate of about 33%. 
He added that Olam Agri Holdings could be listed locally or internationally, but the IPO timing hinges on market conditions, noting the firm is nearly ready.
The CEO said SALIC aims to integrate its investments with Olam Agri to build a global platform spanning the full value chain, while highlighting that Olam’s performance since 2022 has exceeded initial expectations.
SALIC recently raised its stake in Olam Agri to 80.01% in a $1.88 billion deal, according to Argaam’s data.
Sulaiman AlRumaih, CEO of Saudi Agricultural and Livestock Investment Co. (SALIC)
Sulaiman AlRumaih, CEO of Saudi Agricultural and Livestock Investment Co. (SALIC), said the firm’s assets have nearly quintupled over the past five years, while returns grew at an annual rate of about 33%.
He added that Olam Agri Holdings could be listed locally or internationally, but the IPO timing hinges on market conditions, noting the firm is nearly ready.
The CEO said SALIC aims to integrate its investments with Olam Agri to build a global platform spanning the full value chain, while highlighting that Olam’s performance since 2022 has exceeded initial expectations.
SALIC recently raised its stake in Olam Agri to 80.01% in a $1.88 billion deal, according to Argaam’s data.
