SP:5JS Indofood Agri Resources Ltd

Indofood Agri Resources Ltd., a vertically integrated agribusiness company, engages in the research and development, oil palm seed breeding, cultivation of oil palm plantations, production and refining of crude palm oil, cultivation of rubber, and sugar cane and industrial timber plantations activities. It operates in two segments, Plantations, and Edible Oils and Fats. The Plantations segment is involved in the development and maintenance of oil palm, rubber, and sugar cane plantations; and other business activities relating to palm oil, rubber, and sugar cane processing, marketing, and selling. This segment also cultivates cocoa, coconut, and tea and industrial timber plantations. The Edible Oils and Fats segment produces, markets, and sells edible oil, margarine, shortening, and other related products. The company offers cooking oil under the Bimoli, Bimoli Spesial, Delima, Happy Salad Oil, and Mahakam brand names; and margarine and shortening products under the Palmia, Simas, Amanda, Malinda, and Delima brands. As of December 31, 2016, it had a planted area of approximately 300,536 hectares, which included 247,430 hectares of oil palm; 20,115 hectares of rubber; 13,249 hectares of sugar cane; and 19,742 hectares of other crops in Indonesia, as well as 53,826 hectares of planted sugar cane in Brazil. The company also owns and operates bulking facilities; provides transportation services; and operates in the macronutrients mix fertilizers and prefabrication industries. Indofood Agri Resources Ltd. has operations in Indonesia, Singapore, China, Nigeria, Malaysia, the Philippines, Timor Leste, and internationally. The company was incorporated in 2001 and is headquartered in Singapore. Indofood Agri Resources Ltd. is a subsidiary of Indofood Singapore Holdings Pte. Ltd.

0.31 SGD
As of 03/24/2023

Security Information
Category1:  Global Equity
Category2:  Common stocks
Category3:  Developed markets ex-US
GICS sector:  Consumer Staples
Industry:  Farm Products
Index country:  Singapore
Country of incorporation:  Singapore
IPO date:  02/15/2007
Stock exchange:    Singapore Exchange
Exchange country:   Singapore
Market cap:   495,544,512 SGD
Current dividend yield:   2.35%
Sedol:      B1QNF48

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