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Negative Response to Indofood CBP Acquisition

By administrator | May 27, 2020 | Consumer Goods.

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..

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Pinehill Company Profile

By administrator | May 26, 2020 | Consumer Goods.

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.

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Pinehill Acquisition Impact on Indofood CBP

By administrator | May 26, 2020 | Consumer Goods.

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.

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Pinehill Company Business

By administrator | May 24, 2020 | Consumer Goods.

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.

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Indofood Net Profit IDR 1.4 Trillion

By administrator | May 23, 2020 | Consumer Goods.

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.

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Kimia Farma Produces Chloroquine Coronavirus

By administrator | March 22, 2020 | Consumer Goods.

Kimia Farma Produces Chloroquine Coronavirus. The Government establishes the use of Chloroquine and Avigan to rescue Coronavirus COVID-19 patients. One of the medicines, which is chloroquine can be mass produce by Kimia Farma Tbk (KAEF.

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Biography: Adi Saputra Tedjasurya

By administrator | March 22, 2020 | Infrastructure Transportation.

Biography: Adi Saputra Tedjasurya. Although the company he leads just took the floor on the Indonesia Stock Exchange (IDX) on March 13, 2020, Managing Director Makmur Berkah Amanda Tbk (AMAN IJ) Adi Saputra Tedjasurya is not new to the stock.

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Panic Buying due to Coronavirus

By administrator | March 22, 2020 | Trade Services.

Panic Buying due to Coronavirus. Public anxiety over the spread of the Coronavirus COVID-19 triggers panic buying. The basic ingredient needs retailers have already posted a surge in sales.

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Consumer Goods Excise Tax

By administrator | February 21, 2020 | Consumer Goods.

As well as, Consumer Goods Excise Tax. The Ministry of Finance proposes the imposition of an excise tax on sweetened beverage products. This proposal is due to the large number of Indonesian people affect by diseases due to sugar and sweet foods. We see the imposition of an excise tax on sweetened drinks being pass,.

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KINO Stay Focused on Personal Care

By administrator | January 12, 2020 | Consumer Goods.

KINO Stay Focused on Personal Care. Personal care segment will still be the main focus of Kino Indonesia Tbk (KINO IJ), amid the weakening of the purchasing power of the community that will continue in the year 2020, will not affect the request for shopping products. The optimism of KINO is on reliable customer.

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