Welcome!
Indofood Agri Resources
Indofood Agri Resources and Star Pharmaceutical see controlling shareholders up their stakes
(Sept 23): Indofood Agri Resources’ controlling shareholder, Indofood Singapore Holdings, has raised its stake in the company, following a failed takeover bid in June.
September 20, 2019
Management & Corporate Governance
Why IndoAgri's recommending directors should resign
SINGAPORE (July 1): The offer for Indofood Agri Resources lapsed this past week. In my view, the directors who recommended the deal should now resign.
July 01, 2019
Management & Corporate Governance
Why IndoAgri's recommending directors should resign
SINGAPORE (July 1): The offer for Indofood Agri Resources lapsed this past week. In my view, the directors who recommended the deal should now resign.
June 28, 2019
Offer
Challenger founder Loo falls narrowly short in privatisation bid
SINGAPORE (June 27): Loo Leong Thye, the founder, executive director and chief executive officer of Challenger Technologies, has failed in his bid to voluntarily delist the consumer electronics retailer.
June 27, 2019
Activist investment
Open letter to the board of Indofood Agri Resources
SINGAPORE (May 20): Dear Board of Directors, As a long-term investor in Indofood Agri Resources (IndoAgri), I am disappointed that you are recommending that I accept the offer from Indofood Sukses Makmur (Indofood). The offer price of 28 cents per share s
May 20, 2019
M&A
Indofood Agri in JV to acquire sugar asset in Brazil for $26.7 mil
SINGAPORE (July 3): Indofood Agri Resources announced that its 50:50 joint venture (JV) with Apia SP Participações, Companhia Mineira de Açúcar e Álcool Participações (CMAA), is acquiring Vale do Pontal Açucar e Alcool Ltda (UVP) for a considerati
July 03, 2018
Broker's Calls
Indofood Agri kept at 'hold' on limited profitability expansion
SINGAPORE (May 2): DBS Group Research is maintaining its “hold” call on Indofood Agri Resources with an unchanged target price of 36 cents on the back of limited profitability expansion in sight.
May 02, 2018
IndoAgri invests in Brazil sugar cane plantation and mill JV
SINGAPORE (Feb 19): Indofood Agri Resources' Brazilian subsidiary has invested in a sugar cane plantation and mill joint venture.
February 19, 2018
Results
IndoAgri's 3Q earnings down 37% to $10.1 mil on higher expenses and forex
SINGAPORE (Oct 27): IndoAgri, the manufacturer of edible oils and fats products, reported a 37% decline in 3Q17 earnings of Rp101 billion ($10.1 million) from Rp159 billion a year ago.
October 27, 2017
Broker's Calls
Stock up on Indofood Agri when its price goes down, says DBS
SINGAPORE (May 3): DBS Group Research is maintaining Indofood Agri Resources at “hold” with a target price of 56 cents, pending changes in its forecasts.
May 03, 2017