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Ireland: Kerry Group to Invests US$36M in Indonesia

JAKARTA (TheInsiderStories) - Kerry Group (LON: KYGA) invests 30 million Euros (US$36.14 million) in Indonesia to build second manufacturing of taste facility in Karawang, West Java....

Indofood Purchases PepsiCo Shares in Food Beverages Firm fo US$35M

JAKARTA (TheInsiderStories) - The unit of Salim Group, PT Indofood CBP Sukses Makmur Tbk (IDX: ICBP) has purchased PT Indofood Fritolay Makmur (IFL) shares owned by...

BRI Ventures Injecting Haus! Indonesia US$2.14M

JAKARTA (TheInsiderStories) - Venture capital company, BRI Ventures, has injected investment capital worth Rp30 billion (US$2.14 million) to a local beverage company, Haus! Indonesia, said...

Mondelez Builds Cocoa Research Center in East Java US$13M

JAKARTA (TheInsiderStories) - A global consumer producer (NASDAQ: MDLZ), Mondelez International Inc., has inaugurated a cocoa research center in Pasuruan, East Java, with an investment of...

Indonesia’s Garudafood Gets Syndicated Loans US$179M

JAKARTA (TheInsiderStories) - A consumer good producer, PT Garudafood Putra Putri Jaya Tbk (IDX: GOOD) get a syndicated loan facilities worth of Rp2.66 trillion (US$179.73 million)...

Salim Group Establishes Three New Subsidiaries in Singapore

JAKARTA (TheInsiderStories) - Ocean 21 Holdings Pte., Ltd., unit of PT Indofood Sukses Makmur Tbk (IDX: INDF) plans to establishes three new subsidiaries in Singapore...

Indonesia’s Mayora Issues Rupiah Bond US$34M in September

JAKARTA (TheInsiderStories) - Indonesian food and beverages firm, PT Mayora Indah Tbk (IDX: MYOR) issued bonds amounting to Rp500 billion (US$34.01 million). The notes...

Indonesia’s Food and Beverage Industry Could Grow 3% in 2020

JAKARTA (TheInsiderStories) - Indonesian food and beverage industry is expected to grow by around 3 percent in 2020, said government officials yesterday (08/11). In the second...

Indofood Distributes Dividend of US$323M in This Year

JAKARTA (TheInsiderStories) - Two consumer companies belonging to the Salim Group, PT Indofood Sukses Makmur Tbk (IDX: INDF) and its subsidiary PT Indofood CBP...

Diamond Food Indonesia Releases Shares with worth US$179M

JAKARTA (TheInsiderStories) - PT Diamond Food Indonesia Tbk (IDX: DMND) officially floored on the Indonesia Stock Exchange (IDX) today (01/21). Beside list its shares, the issuer...

US’ Pepsico Officially Left Indonesia

JAKARTA (TheInsiderStories) - One of the largest beverage manufacturers in the world, Pepsico has officially left Indonesia. Pepsico, Inc., will terminate the production contract...

Indonesia’s TPS Food Sues Former Directors

JAKARTA (TheInsiderStories) — After some misunderstandings between commissioners and former directors of PT Tiga Pilar Sejahtera Food Tbk (IDX: AISA), the drama continues. Recent management...

Indonesia’s TPS Food Shareholders Meeting Held Amid Management Spat

JAKARTA (TheInsiderStories) - Indonesian food producer, PT Tiga Pilar Sejahtera Food Tbk (IDX: AISA), also known TPS Food, holding extraordinary shareholders meeting without board of directors presence...
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