XSES
5JS
Market cap348mUSD
Oct 09, Last price
0.33SGD
1D
1.56%
1Q
-7.14%
Jan 2017
-38.10%
IPO
-78.48%
Name
Indofood Agri Resources Ltd
Chart & performance
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Profile
Indofood Agri Resources Ltd. functions as a vertically integrated agribusiness conglomerate, maintaining a significant international presence with operations spanning Singapore, Indonesia, China, Nigeria, Timor Leste, Germany, the Philippines, and Myanmar. Its comprehensive activities encompass upstream research and development, including oil palm seed breeding, through to the cultivation and processing of diverse crops such as oil palm, rubber, sugarcane, cocoa, and tea, alongside industrial timber plantations. This involves the full cycle from oil palm farming and milling to crude palm oil production and refining. The enterprise is structured into two main operational divisions: Plantations, and Edible Oils and Fats. The Plantations segment focuses on developing and managing extensive oil palm, rubber, and sugarcane estates, alongside the processing, distribution, and sale of these agricultural commodities. Meanwhile, the Edible Oils and Fats division specializes in manufacturing, promoting, and distributing edible oils, margarine, shortening, and their associated derivative products. Its diverse product portfolio includes well-known cooking oil brands such as Bimoli, Bimoli Spesial, Delima, Amanda, and Happy, as well as margarine and shortening under labels like Amanda, Palmia, Royal Palmia, Simas, Malinda, and Delima. By the close of 2021, Indofood Agri managed an expansive planted area totaling approximately 300,749 hectares, with oil palm accounting for 250,615 hectares, rubber 16,228 hectares, sugarcane 14,411 hectares, and other crops covering 19,495 hectares. Additionally, the company operates bulking facilities, offers transportation, investment, management, and technical services, and has interests in macronutrient mix fertilizers and prefabrication sectors. Founded in Singapore in 2001 and headquartered there, Indofood Agri Resources Ltd. operates as a subsidiary of Indofood Singapore Holdings Pte. Ltd.
Key people
Non-Executive Chairman of the Board, Lead Independent Director · since 2024
Executive Director, Head of Edible Oils & Fats Division
Moleonoto Tjang
Executive Director, Head of Finance and Corporate Services
Chief Executive Officer, Executive Director · since 2019
Company Secretary
Mei Yook Mak
Company Secretary · since 2011
Non-Executive Director · since 2007
Non-Executive Director · since 2006
Independent Director · since 2007
Andreas Tan
Independent Director · since 2024
David Sungkoro
Non-Executive Independent Director · since 2024
Headquarters & legal address
8 Eu Tong Sen Street, #16-96/97
The Central Singapore, 01 059818
SG
The Central Singapore, 01 059818
SG
Valuation
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