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Indonesia’s Triputra Agro Offers 4.65% Shares to Investor

JAKARTA (TheInsiderStories) - The plantation firm, PT Triputra Agro Persada Tbk plans to offer as much as 925 million shares or 4.65 percent of total issued...

Tunas Baru Lampung Plans to Sell Global Bond US$400M

JAKARTA (TheInsiderStories) - The producer of crude palm oil (CPO), PT Tunas Baru Lampung Tbk (IDX: TBLA), plans to sell global bonds total amount of US$400...

Indonesia’s Austindo Prepares Free Float Share in This Year

JAKARTA (TheInsiderStories) - Indonesian palm oil producer, PT Austindo Nusantara Jaya Tbk (IDX: ANJT), plans to increase the number of outstanding shares through free float program in...

Indonesian Government Injects Capital to PTPN 3 of US$425M

JAKARTA (TheInsiderStories) - The Indonesian government transferred the property assets with worth of Rp6 trillion (US$425.53 million) to plantation holding, PT Perkebunan Nusantara 3 (PTPN 3). The...

Sinarmas Group Acquires Two Palm Oil Firms for US$304M

JAKARTA (TheInsiderStories) - Golden Agri Resources Ltd., (SGX: E5H), a Sinarmas Group business unit, declared has acquired two palm oil companies based in Labuan, Malaysia, said...

Dispute between Rajawali – Felda Enters the Arbitration Stage

JAKARTA (TheInsiderStories) - The dispute between Indonesia’ PT Rajawali Capital International and the Federal Land Development Authority (Felda) over the former' decision to sell back its...

Indonesia’s Provident Agro Buyback Shares US$2M

JAKARTA (TheInsiderStories) - Indonesian plantation firm, PT Provident Agro Tbk (IDX: PALM), prepared funds of around Rp28.93 billion (US$2.02 million) to buyback its shares,...

Olam Closes the Divestment of Indonesian Unit to Mitr Phol Sugar

JAKARTA (TheInsiderStories) - Olam International, has closed the sales of 50 percent stake in its Indonesian sugar joint venture, Far East Agri Pte., Ltd., said...

Indonesia’s Triputra Agro Plans to Go IPO, Targets US$500M

JAKARTA (TheInsiderStories) - Indonesian plantation firm, PT Triputra Agro Persada is gearing up to list its shares (IPO) at the local bourse, said the people closed...

Moody’s downgrades Sawit Sumbermas to B2

Singapore (TheInsiderStories) - Moody's Investors Service has downgraded the corporate family rating of plantation firm, PT Sawit Sumbermas Sarana Tbk (IDX: SSMS) from B1...

Indonesia’s PTPN III to Issue SUKUK US$70M, Eyes Laos for Expansion

Jakarta (TheInsiderStories) - Indonesia' plantation producer, PT Perkebunan Nusantara III (PTPN III) planned to release SUKUK Rp1 trillion (US$70.42 million) on November, the management said...

Fight EU Ban and Critism, Indonesia to Establish Palm Oil Map

JAKARTA (TheInsiderStories) — Indonesia to establish palm oil one map, to harmonize land data and to respond public criticism. The map is expected to...

Tangled by Debts, Indonesia’s Golden Plantations to Sell Asset

JAKARTA (TheInsiderStories) — Two subsidiaries of PT Golden Plantation Tbk (IDX: GOLL), PT Bumiraya Investindo and PT Airlangga Sawit Jaya are tangled by debts,...
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