by Yohanes Obor | Aug 26, 2013 | Food, Industries, News
JAKARTA (Yosefardi) – Kohlberg Kravis Roberts & Co LP (KKR) had acquired 242.8 million shares of food producer PT Tiga Pilar Sejahtera (TPS) Food Tbk (AISA), representing 8.3% of its enlarged capital. KKR acquired TPS Food through Primanex Pte Ltd and...
by Yohanes Obor | Aug 23, 2013 | Food, Industries, News
JAKARTA (Yosefardi) – Milk and beverages producer PT Ultra Jaya Milk Tbk (ULTJ) plans to commence production of green tea in the fourth quarter of this year, Bisnis Indonesia reported this morning. The company had set up joint company with Japan-based biggest...
by Editor | Aug 12, 2013 | Food, Industries, News
SINGAPORE (Yosefardi) – QAF Ltd, agriculture company controlled by Salim Group, booked net profit of S$3.09 million in the second quarter of 2013, slashed by 64% from the corresponding period of 2012. The group then reported net profit of S$14.6 million in the...
by Editor | Aug 10, 2013 | Food, Industries, News
SINGAPORE (Yosefardi) – Etika International Holdings Ltd, with substantial operations in Indonesian food and beverage industry, posted net profit of RM721,000 only in the quarter ended June 30, 2013, plummeted 84.8% from the corresponding quarter of 2012. The...
by Yohanes Obor | Jul 17, 2013 | Food, Industries, News
JAKARTA (Yosefardi) – Poultry feed producer PT Sierad Produce Tbk (SIPD) plans to rollover its debt worth Rp475 billion scheduled to mature next month. Budiardjo Tek, SIPD president director said that loan, provided by Bank BNI, carries annual coupon of 10%,...
by Yohanes Obor | Jul 8, 2013 | Food, Industries, News
SINGAPORE (Yosefardi) – Asahi Group Holdings, Ltd. reported PT Asahi Indofood Beverage Makmur (AIBM, Asahi’s consolidated subsidiary) and PT Indofood Asahi Sukses Beverage (IASB), each a joint venture company between Asahi and PT Indofood CBP Sukses Makmur Tbk...