Budi Starch Acquisition Tapioca Factory

PT Budi Starch & Sweetener, Tbk (BUDI IJ) wanted to add a tapioca flour mill, through the acquisition of tapioca factory in Lampung at the end of 1H18. Company want to acquisition factory with capacity of 30,000 tonnes of tapioca annually. Since the company must to revitalize its old factory first. The value of acquisition tapioca flour mills factory in Lampung, were to swallow a budget of IDR60bn, and the company will suffice the need of those funds from internal cash.

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