INDOFOOD Agri Resources (IndoAgri) has sunk into the red with a net loss of 125.68 billion rupiah (S$12.2 million) for the third quarter ended Sept 30, continuing to be adversely affected by weak commodity prices.

INDOFOOD Agri Resources (IndoAgri) has sunk into the red with a net loss of 125.68 billion rupiah (S$12.2 million) for third quarter ended Sept 30, continuing to be adversely affected by weak commodity prices.

Submitted By:  Nathanielle Punay Case Study:  No Indofood Agri Resources leads the pack with a total return of 71.7%. The five best-performing non-REIT constituents...

WEAK commodity prices and lower contributions from its plantation division dragged mainboard-listed Indofood Agri Resources (IndoAgri) deeper into the red for its fiscal second quarter.

WEAK commodity prices and lower contributions from its plantation division dragged mainboard-listed Indofood Agri Resources (IndoAgri) deeper into the red for its fiscal second quarter. 

SINGAPORE (July 15): Two weeks ago, minority shareholders of Challenger Technologies and Indofood Agri Resources (IndoAgri) rebuffed low-ball offers from the controlling shareholders of those companies. Now, the regulation arm of the Singapore Exchange has introduced long-awaited changes to rules r...

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. Before I go any further, let me just make it clear that I am not accusing these directors of breaking any rules or being derelict in their duties. I...

SINGAPORE (June 28): M-Universe Investments' cash offer to privatise Memtech International has been extended by some two weeks to July 12. The offeror, a bid vehicle for a consortium led by Memtech’s executive chairman Chuang Wen Fu and his family, says it has no intention to revise the offer pri...

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. At an extraordinary general meeting (EGM) on Thursday, some 11.36% of shareholders voted agains...

ANALYSTS were surprised that the buyout offer by the maker of Indomie instant noodles for mainboard-listed Indofood Agri Resources fell through, because they had seen it as an opportunity for retail investors to exit from a languishing stock.