by Yohanes Obor | Mar 24, 2014 | Agriculture, News, Resources
KUALA LUMPUR (Yosefardi) – Absolute Synergy Limited (ASL), a wholly owned subsidiary of Golden Land Berhad had on 16 August 2011 entered into a Conditional Sale and Purchase Agreement (CSPA) for the proposed acquisition of 500 fully paid-up shares of Rp250,000...
by Yohanes Obor | Mar 20, 2014 | Agriculture, News, Resources
JAKARTA (Yosefardi) – PT Mutiara Agam (MAG), subsidiary of plantation company PT Provident Agro Tbk (PALM), has acquired PT Inti Global Laksana (IGL) from PT Provident Indonesia (PI). IGM and PI are affiliated to PALM. The acquisition, including transfer of the...
by Yohanes Obor | Mar 11, 2014 | Agriculture, News, Resources
JAKARTA (Yosefardi) – PT Jaya Agra Wattie Tbk (JAWA) plans to seek loan of Rp300 billion from local banks as the company opts to cancel bond issue this year. The loan will be used to fund the expansion of plantation area. The company intends to acquire...
by Yohanes Obor | Mar 10, 2014 | Agriculture, News, Resources
JAKARTA (Yosefardi) – Oil and gas service firm PT Elnusa Tbk (ELSA) plans to acquire biodiesel processing company for US$10-15 million. ELSA targets to operate its biodiesel entity this year, in partnership with a listed plantation company. The investment in biodiesel...
by Yohanes Obor | Feb 28, 2014 | Agriculture, News, Resources
SINGAPORE (Yosefardi) – Kencana Agri Limited reported revenue of US$284.9 million for the year ended 31 December 2013. Revenue declined of 5.6% mainly due lower ASP of CPO offset by a slight increase in the volume of CPO sold. The ASP of CPO decreased from...
by Yohanes Obor | Feb 28, 2014 | Agriculture, News, Resources
SINGAPORE (Yosefardi) – Golden Agri-Resources Ltd (GAR) made a strong recovery in fourth quarter of 2013 quarter-on-quarter performance, while full year results was affected by weaker production and CPO prices in previous quarters. It booked core net profit of...
