Indofood Agri Resources

Indofood Agri Resources Ltd. (shortened IndoAgri) is a investment holding company[2] and a subsidiary of Indofood Singapore Holdings Pte. Ltd.. Through Anthoni Salim's First Pacific and Indofood, he owns 74% of the company's voting rights.[3] The company is listed on Singapore Exchange (ticker: 5JS) and the Frankfurt Stock Exchange (ticker: ZVF).[4]

Indofood Agri Resources
Traded asSGX: 5JS
Founded5 October 2001 
Headquarters
Singapore 
Revenue13,650,388,000,000 Indonesian Rupiah[1] (2019) 
ParentIndofood Singapore Holdings Pte. Ltd. 
Websitewww.indofoodagri.com/ 

Operations

IndoAgri operates in Indonesia, Brazil and Philippines. [5]

Controversy

In 2019, IndoAgri quit its membership from the Roundtable on Sustainable Palm Oil after it had struggled with the RSPO complaints.[6] According to Chain Reaction Research, 42% of IndoAgri's landbank is contested, community conflicts are happening on several plantations have and some land is within protected nature area.[7]

gollark: Also a nice role.
gollark: People who vote for our preferrererered candidate will receive AUTOBOTROBOT PRIVILEGES of some sort!
gollark: Interesting.
gollark: 50 stars on a message saying "star to endorse [someone] as replacement owner" (precise wording TBD) could work, surely.
gollark: We could do that.

References
  1. https://www.reuters.com/companies/IFAR.SI/financials.
  2. Editorial, Reuters. "IFAR.SI - Indofood Agri Resources Ltd Profile | Reuters". www.reuters.com. Retrieved 2020-06-25.
  3. "Indofood Agri Resources Ltd". indofoodagri.listedcompany.com. Retrieved 2020-06-25.
  4. "Indofood AGRI Resources Ltd. Equity | A0MKZK | SG1U47933908 | Share Price". www.boerse-frankfurt.de. Retrieved 2020-07-22.
  5. "IndoAgri :: About Us". www.indofoodagri.com. Retrieved 25 June 2020.
  6. "Indofood quits sustainable palm oil body amid allegations of labour violations". www.just-food.com. 30 January 2019. Retrieved 25 June 2020.
  7. "Indofood Agri Resources – Material Risks from Contested Land and Labor Issues". chainreactionresearch.com. Retrieved 25 June 2020.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.