Company News
PT Indofood Sukses Makmur Tbk. Buys Rascal Bisnis Indonesia, page B1 (17-October-2006) Vice President of PT Indofood Sukses Makmur Tbk., Franciscus Welirang, spoke to Independent Commissioner, Benny S. Santoso, during the general meeting in which shareholders decided to purchase all of Rascal Holdings Limited’s shares in PT Mega Citra Perdana, PT Mentari Subur Abadi and PT Swadaya Bhakti Negaramas.
ISM Palm Division Will Go Public Kompas, page 19 (3-June-2006) PT Indofood Sukses Makmur Tbk is observing is company’s palm oil division in order for it to go public. This is because the palm oil market has potential and is prospective and Indofood would like to expand in this area. However, Indofood refused to mention when its CPO subsidiary will actually go public.
Indofood has allocated a capital expenditure as much as Rp.700 billion. Out of that amount, Rp.200 billion will be used to expand its plantation. The rest will be used for maintaining tools and Indofood’s factory.
In 2005, Indofood shared dividends to shareholders as much as Rp.5 per share with a total of Rp.42.642 billion. Other allocation from profit received was Rp.5 billion for reserves and Rp.76.375 was categorised as unclear net profit.
In the first trimester of 2006, the company received a net profit of Rp.173.9 billion and sales amounting to Rp.4.9 trillion. Its total assets added up to Rp.14.8 trillion and capital amounted to Rp.4.5 trillion.
|