Kategori: Consumer Goods

Pinehill Acquisition Overprice. Investors responded negatively to the decision of Indofood CBP Sukses Makmur Tbk (ICBP) to acquire shares of Pinehill Corpora Limited. This is reflected in the movement of ICBP shares in trading this week. In fact, ICBP shares experienced an auto reject down after falling 6.77% to IDR 8,950 per share shortly after.

Negative Response to Indofood CBP Acquisition. Indofood CBP Sukses Makmur Tbk (ICBP IJ) will acquire shares in Pinehill Corpora Limited. We consider that this corporate action has the potential to suppress ICBP financial condition in the short term. ICBP will need funds of around IDR 30.3 trillion to complete the acquisition of IDR 44.4 trillion..

Pinehill Company Profile. Indofood CBP Sukses Makmur Tbk (ICBP IJ) has agree to buy Pinehill Company Limited at a high price of USD 3 billion from Pinehill Corpora and Steele Lake. This fantastic purchase value is considered feasible because Pinehill has a business of making and selling instant noodles in eight countries under the Indomie.

Pinehill Acquisition Impact on Indofood CBP. Indofood CBP Sukses Makmur Tbk (ICBP IJ) signed an agreement with Pinehill Corpora Limited and Steele Lake. The transaction, which was signed on Friday (05/22), is worth USD 2.99 billion, equivalent to IDR 44.25 trillion. ICBP will pay for the acquisition of USD 300 million with internal cash generated.

Pinehill Company Business. Indofood CBP Sukses Makmur Tbk (ICBP IJ) has sign an agreement with Pinehill Corpora Limited and Steele Lake Limited. As well as, the contents of the agreement are the transfer of shares issued by Pinehill Company Limited. A limited company established under the laws of the British Virgin.

Indofood Net Profit IDR 1.4 Trillion. As well as, Indofood Sukses Makmur Tbk (INDF IJ) posted net profit growth or profit for the period attributable to the owner of the parent entity of IDR 1.4 trillion in the 1Q20. This figure rose 4% from INDF profit for the same period in the previous year by.

As well as, Indonesian Pharmacy Coronavirus Medication. To anticipate the Coronavirus global pandemic, pharmaceutical industry players are trying to develop and distribute drugs to overcome the disease. Moreover, several types of drugs were reported by the World Health Organization (WHO) for handling COVID-19. Ferry Soetikno, Chairperson of Dexa Medica Group, said that for the moment.

Martina Berto Press Losses. Personal care company, Martina Berto Tbk (MBTO IJ) recorded sales growth of 6.97% YoY to IDR 537.57 billion. The company was also able to reduce its net loss to 41.33% YoY to IDR 66.95 billion last.

Tobacco Company and Coronavirus COVID-19. Sliced tobacco producer Indonesian Tobacco Tbk (ITIC) has received a positive impact on the spread of Coronavirus COVID-19 in.

Kimia Farma Stock Price Strengthen. The stock price movement of Kimia Farma Tbk (KAEF) lately contrasts with financial performance. Later on, KAEF share price increased.