Indofood Agri Resources

Insider moves

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.

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.

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.

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 ret

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

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 P

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.

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.

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.

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.

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