Indofood Finally Controls 89% China Minzhong

Indofood Finally Controls 89% China Minzhong

SINGAPORE (Yosefardi) – PT Indofood Sukses Makmur (INDF) Tbk, controlled by Salim Group, has completed the tender offer of China Minzhong Food Corporation Ltd on Friday (October 18). At closing, Indofood owned, controlled, and agreed to acquire 583.55 million...
KFC to Open 34 Restaurants This Year

KFC to Open 34 Restaurants This Year

JAKARTA (Yosefardi) – PT Fast Food Indonesia Tbk (FAST), operator of Kentucky Fried Chicken (KFC) outlets, plans to open 34 retaurants outlets this year, of which 11-12 restaurants would opt a free-standing design. PT Indoritel Tbk (DNET), formerly PT Dyviacom...