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Indofood Agri
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Indofood Agri Resources
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clownfish75
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25-Jun-2007 11:40
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clownfish75
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25-Jun-2007 11:35
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clownfish75
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25-Jun-2007 11:23
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iNDOFOOD aGRI DOUBLES OUTPUT
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clownfish75
Senior |
25-Jun-2007 11:14
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iNDOFOOD aGRI DOUBLES OUTPUT Quote: Originally Posted by Yenrk Will see interesting play in IndoFood Agri on monday.... Get ready to cheong liao..... q Quote from the EDGE 25th JUNE : Indofood Agri DOUBLES output with LONDON Sumatra as palm oil rallies  |
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Nostradamus
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12-Feb-2007 00:24
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The Target Group?s principal activities span from research & development, oil palm seed breeding, oil palm cultivation and milling to the refining, branding and marketing of cooking oil, margarine, shortening and other palm oil derivative products. It has significant market share and leading brands in cooking oils, margarine and shortening. It is also a producer of Crude Coconut Oil (CNO) in Indonesia. |
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Nostradamus
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12-Feb-2007 00:20
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The company has an aggressive expansion plan which includes quadrupling size of the planted area to 224,000 ha by 2015. At the moment, most of the landbank is unplanted. From the seed planting, it takes about 4 years to bear fruit.
Currently, the planted area is 63,552 ha and unplanted area is 139,898 ha. Annual refinery capacity is 885,000 tons. |
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thendricco
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08-Feb-2007 01:23
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Aie... that's sad.. So for peeps like me who're stuck at 0.33 All will be in deep red...? Any hope? |
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zhuge_liang
Supreme |
08-Feb-2007 01:05
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Confirming a Reuters report, the company said in a statement that the share placement was priced at $1.25 a unit. The shares represent 25% of the firm's enlarged share capital. The placement was needed to fulfil free float requirements of the stock exchange after Indofood Sukses Makmur injected its edible oils and fats refining business into ISG Asia and renamed the group Indofood Agri Resources. Indofood is controlled by the Salim family, which had close links to Indonesia's former President Suharto. The Salim group was forced to sell off many of its assets after the Asian financial crisis, but kept control of Indofood. |
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zhuge_liang
Supreme |
07-Feb-2007 13:13
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Indofood Agri Resources, formerly CityAxis and a palm oil unit of Indonesian food giant Indofood Sukses Makumr Tbk , was expected later on Wednesday to price its $422.5 million IPO at the top of an indicative range, a source close to the deal said on Wednesday. The company was poised to sell 338 million shares at $1.25 apiece, versus the indicative range of between $0.90 and $1.25. The institutional order book was more than 20x covered, the source said. CIMB, Credit Suisse and Kim Eng are the underwriters of the offering. |
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