by Yohanes Obor | Jan 19, 2013 | Agriculture, News, Resources
Sime Darby said in view of the said waiver, all conditions to the Proposed Acquisition are deemed fulfilled. Hence, the amount due to the Sellers (less withholding tax and retention sum) has today been released to the Sellers in accordance with the agreement. Indo...
by Editor | Jan 16, 2013 | Agriculture, News, Resources
The company raised Rp440 billion of 4 billion shares at Rp110 per share. MAG Plantations had total assets of and equity of Rp896 billion and Rp525 billion respectively as of June 30, 2012. MAG Plantations, controlled by Panin Group, generated sales revenue of Rp20.8...
by Editor | Jan 16, 2013 | Agriculture, News, Resources
The benchmark April 2013 contracts gained RM15 to RM2430, while May and June contracts edged up to RM2449 and RM2469 per ton respectively. February and March contracts, meanwhile, gained RM10 and RM19 respectively. Plantation shares, on the other hand, lost ground in...
by Ferdi Hasiman | Jan 15, 2013 | Agriculture, News, Resources
In April 2012, PT PP London Sumatra Indonesia (Lonsum) Tbk (LSIP), a subsidiary of Indo Agri, incorporated Agri Investments Pte Ltd (AIPL) with principal activity as an investment holding company for agriculture technology and cultivation business. IndoAgri posts...
by Editor | Sep 8, 2012 | Agriculture, News, Resources
KUALA LUMPUR (Indonesia Today) – KL Kepong, one of leading palm oil producers in Indonesia, produced 62,950 tons of crude palm oil (CPO) last month, the highest monthly output this year. Last month’s CPO output also represents 10.8% growth over June 2012,...
by Editor | Jul 9, 2012 | Agriculture, News, Resources
SINGAPORE (Indonesia Today) – Bumitama Agri Limited, a plantation company controlled by Indonesian and Malaysian business groups, has completed the acquisition of PT Ladang Sawit Mas. Bumitama informed Singapore Exchange (SGX) this morning that Indonesian...
