PT Tiga Pilar Sejahtera Food Tbk (TPS Food) has mandated PT CIMB Securities as a lead underwriter to arrange Rp700 billion rights issue scheduled in the fourth quarter of this year. Corporate Secretary Yuliani Liyuwardi said initially, the company has talked with three potential underwriters for the rights issue. “We have picked a single underwriter, [...]
PT Tiga Pilar Sejahtera Food Tbk (AISA) is considering Rp700 billion preemptive rights issue in a bid to add its working capital. “We are finalizing the usage of proceed. But, the rights issue is about Rp700 billion,” said Finance Director Sjambiri Lioe as quoted by Bisnis Indonesia today. According to Corporate Secretary Yuliani Liyuwardi, Tiga [...]
PT Tiga Pilar Sejahtera Food Tbk (AISA) has agreed to acquire production facility and brand of Taro Snack from PT Unilever Indonesia Tbk (UNVR) at the consideration price of more than Rp200 billion. Tiga Pilar will acquire production facilities located in Gunung Putri, Bogor, and Meda, North Sumatra. Corporate Secretary Yulianni Liyuwardi at Tiga Pilar [...]
Diversified agribusiness company PT Salim Ivomas Pratama Tbk (SIMP) today reported a net profit jump of 113.8% to Rp885 billion in the first half of this year from Rp414 billion a year earlier. These steep growth was a result of higher profitabilities, shown by both gross margin and operating margin that improved to 37.5% and [...]