HONG KONG (Yosefardi) – JB Foods Limited, through its unit JB Foods Global Pte Ltd, has incorporated P.T. Jebe Trading Indonesia, an investment holding and trading of cocoa products, from raw materials to finished products.
JB Foods Global Pte Ltd owns 95% interest in the capital of P.T. Jebe Trading Indonesia while the remaining 5% interest is owned by Mr Limpangat Limantara, an Indonesian business partner of the Group.
Jebe Trading Indonesia has authorised capital of US$100,000 and paid-up capital of US$100,000. JB Foods said the investment in Indonesia was funded through internal resources.