Meanwhile, PT Bumitama Sawit Lestari (BSL) is 95% held by Bumitama Agri, with the remaining 5% held by HJR.
Bumitama Agri intends to undertake an internal restructuring exercise, the company announced in a bourse filing.
As at Dec 14, PT Bumitama Gunajaya Agro (BGA) is 90% held by Bumitama Agri, with the remaining 10% held by PT Harita Jayaraya (HJR), an associate of the group’s controlling shareholders Lim Hariyanto Wijaya Sarwono and Lim Gunawan Hariyanto.
