SINGAPORE: Singapore commodity trading firm Olam International has asked for its shares to be halted from trading.
This is after media reports quoted short-seller Muddy Waters' Carson Block as saying he was betting against the company after questioning its accounting practices.
An external spokeswoman for Olam said the company was preparing a response to the media reports.
Last week, Olam reported a 26 per cent rise in first-quarter net profit, spurring a rally in its shares.
-CNA/ac
Olam International to halt trading of shares
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Olam International to halt trading of shares
