TPS Food Acquires Tandan Abadi Mandiri

JAKARTA (Indonesia Today) – Food producer PT Tiga Pilar Sejahtera (TPS) Food Tbk (AISA) has acquired PT Tandan Abadi Mandiri (TAM), a crude palm oil plantation company based in Jambi, Sumatera. Yulianni Liyuwardi, AISA’s corporate secretary, said the...

Amigos and Papa Rons Divested This Month

JAKARTA (Indonesia Today) – Publicly listed eatery and entertainment company PT Eatertainment International (SMMT) expects to complete divestment of Papa Rons Pizza and Amigos restaurant outlets this month. Chrismasari Dewi Sudomo, SMMT corporate secretary, said...

Tiran Group to Build 2 Sugar Mills in Sulawesi

JAKARTA (Indonesia Today) – PT Tiran Group plans to build 2 units of sugar mills with investment cost of Rp4 trillion in South Konawe, South Sulawesi, Investor Daily reported this morning. Amran Sulaiman, Tiran’s director, said the company has acquired...