Sido Muncul Buys Nyonya Meneer Assets

PT Sido Muncul, Tbk (SIDO IJ), is the largest herbal medicine producer in Indonesia, will buy assets of Nyonya Meneer worth IDR21.9bn. Sido will buy the assets such as: the land and building,through an auction on September 26, 2017. For the record, Nyonya Meneer’s land is located beside Sido’s factory.

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