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Broker's Calls
Holding out for a better FY17 from low cocoa prices and JV exit
SINGAPORE (March 21): OCBC advises Delfi shareholders to put on “hold” their investment decisions as lower cocoa prices could translate into better ingredients prices for the manufacturer of chocolate confectionery.
March 21, 2017
Delfi to dispose entire 50% stake in Meiji’s Indonesia unit for $11.6 mil
SINGAPORE (March 16): Delfi Limited, the cocoa manufacturer and supplier formerly known as Petra Foods, says its Indonesia subsidiary PT Perusahaan Industri Ceres will be disposing its entire 50% stake in PT Ceres Meiji Indotama (CMI) to Meiji and Meiji S
March 16, 2017