by Editor | Jun 28, 2013 | Food, Industries, News
JAKARTA (Yosefardi) – PT Indofood CBP (ICBP), subsidiary of giant food processor Indofood Sukses Makmur (INDF), through its subsidiary and affiliated PT Indofood Asahi Sukses Beverage (IASB) and PT Asahi Indofood Beverage Makmur (AIBM), had fully acquired shares...
by Editor | Jun 26, 2013 | Food, Industries, News
SINGAPORE (Yosefardi) – Indofood Agri Resources Ltd, a company controlled by Salim Group, has completed the acquisition of 50% interest in Companhia Mineira de Acucar e Alcool Participacoes (CMAA). As reported earlier, Indofood acquired 50% shares in CMAA, a...
by Editor | Jun 24, 2013 | Finance, Food, Industries, Investments, News
SINGAPORE (Yosefardi) – SGX-listed Auric Pacific Group Limited, controlled by Lippo Group, proposes voluntary unconditional cash offer to acquire all the issued and paid-up ordinary shares in the capital of Food Junction Holdings Limited at price of S$0.255 per...
by Editor | Jun 20, 2013 | Food, Industries, News
JAKARTA (Yosefardi) – Wheat flour producer PT Sriboga Flour Mill (SFM) projects revenue to grow by 29% to Rp2.1 trillion this year, compared to 2012 revenue. Alwin Arifin, SFM’s president director, said the company had expanded its production capacity,...
by Editor | May 20, 2013 | Food, News
HONG KONG (Yosefardi) – Food giant Danone Group has decided to enter China Mengniu Dairy Company Ltd, one of the largest milk producers in China. Danone will be partner of COFCO, majority shareholder of Mengniu Dairy, in Prominent Achiever with 49% shares....
by Editor | May 16, 2013 | Food
SINGAPORE (Yosefardi) – Petra Foods Ltd generated sales revenue of US$94.25 million in Indonesia for the first quarter of 2013, grew by 5.4% over the corresponding period of 2012. The revenues were limited to branded consumer products. Other markets in the...
