THE independent financial adviser (IFA) to the recommending directors of Indofood Agri Resources has concluded that the buyout offer by Indomie maker Indofood Sukses Makmur for the agribusiness company is "not fair but reasonable".

THE independent financial adviser (IFA) to Indofood Agri Resources has found the buyout offer by Indomie maker Indofood Sukses Makmur to be “not fair but reasonable”.

INDOFOOD Agri Resources posted a net loss of 57.79 billion rupiah (S$5.5 million) for the first quarter ended March 31, 2019, reversing from a profit of 49.8 billion rupiah in the year-ago period.

INDOFOOD Agri Resources posted a net loss of 57.79 billion rupiah (S$5.5 million) for the first quarter ended March 31, 2019, from a net profit of 49.80 billion rupiah in the year-ago period.

Submitted By:  Nathanielle Punay Case Study:  No Indofood Agri Resources' returns hit 46.6%. This chart from SGX shows the details of the 20 largest consumer st...

SINGAPORE (Apr 24): Best World International, the distributor of skincare, nutritional and wellness products, has been hit by damning reports by two separate short sellers on Wednesday morning: Bonitas Research and Valiant Varriors. As at 1pm, shares in Best World are down 16 cents to $1.62 with 8....

SINGAPORE (Apr 12): DBS Group Research recommends that shareholders of Indofood Agri Resources (IFAR) accept the 28 cents per share offer to delist, even though the offer is at the lower end of acquisition multiples for plantations. IFAR’s parent company PT Indofood Sukses Makmur on Thursday ann...

THE maker of Indomie instant noodles is offering S$0.28 per share to take Singapore-listed Indofood Agri Resources private. The offer values the agribusiness group at around S$390.9 million.

IndoFood Sukses Makmur, the maker of Indomie brand instant noodles, currently holds 74.52 per cent in IndoFood Agri. The post Jakarta-based IndoFood offers $300m for SGX-listed agri firm in take-private move appeared first on DealStreetAsia.

INDONESIA-listed Indofood Sukses Makmur is offering S$0.28 per share to take private mainboard-listed Indofood Agri Resources, the Singapore company announced on Thursday morning.