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1) What are the Group's core businesses?
IndoAgri follows a vertically integrated agribusiness model. Our principal activities span research & development, oil palm seed breeding, oil palm cultivation and milling, in addition to refining, branding and marketing of cooking oil, margarine, shortening and other palm oil derivative products. The Group also engages in the cultivation of other crops such as rubber, sugar cane, cocoa and tea.
2) What are the Group's competitive strengths?
The Group is a diversified and integrated agribusiness group in Indonesia with close to 290,000 hectares of planted area. We own a large variety of mother palms, and have established R&D program for oil palm breeding, with modern technology and highly qualified personnel.
IndoAgri has strong sales and marketing expertise. The Group sells its cooking oil under brands Bimoli, Bimoli Spesial, and Happy, while consumer margarine and shortening products are packed and sold under the brands Amanda, Palmia and Royal Palmia.
Industrial cooking oils are sold directly to the Indofood Group as well as other food manufacturers. We also supply industrial margarine and shortening to confectioneries, bakeries and food manufacturers under the brands Amanda, Delima, Malinda, Palmia and Simas.
We are supported by local and national channels in both traditional and modern trades across Indonesia.
3) What are the Group's growth strategies?
Plantation Division
The Division will continue to focus on targeted action plans, including improving operational results, strengthening cost controls, driving innovations that elevate plantation productivity, and prioritising capital investments in critical areas.
Productivity and cost efficiency initiatives remained a key priority, with efforts focused on critical infrastructure, enhanced fertiliser application through nutrient analysis, preventive maintenance strategies, mechanisation programmes and usage of renewable energy sources.
Edible Oils & Fats DivisionWe will continue to focus on driving the growth of EOF sales volumes by maintaining competitive pricing against key competitors and enhanced distribution, ensuring ample availability to meet Indonesia’s population and per capita income growth.
To meet rising demands, we are expanding our Tanjung Priok refinery by adding a third production line in 2H2025.
4) When is the end of the Group's fiscal year?
1 January – 31 December
5) What is the total employee headcount for the Group?
We have approximately 54,000 employees as at December 2024
6) Which countries does the Group have operations in?
Our plantations and refining facilities are located in Indonesia. The majority of our sales are within Indonesia however we are expanding our export sales to certain markets.
7) How am I able to find financial information and reports of the Group past and present?
Please visit our website at www.indofoodagri.com or the SGX website at www.sgx.com
8) Can you disclose the members of the Board of Directors?
| Name | Position |
| Philip Yeo Liat Kok | Chairman and Lead Independent Director |
| Mark Wakeford | CEO and Executive Director |
| Moleonoto Tjang | Executive Director and Head of Finance and Corporate Services |
| Suaimi Suriady | Executive Director and Head of Refinery and Commodity Division |
| Tjhie Tje Fie | Non-executive Director |
| Axton Salim | Non-executive Director |
| Goh Kian Chee | Non-executive Director |
| David Sungkoro | Independent Director |
| Andreas Tan | Independent Director |
1) Which year was the Company listed and on which stock exchange?
IndoAgri commenced trading on14 February 2007 on the SGX.
2) Can you list all the present substantial shareholders of the Company?
Our major shareholder is Indofood Sukses Makmur Tbk (Indofood) in Indonesia. Indofood is the world's largest instant noodle manufacturer, as well as Indonesia's largest processed food company. Visit Indofood at their website http://www.indofood.co.id
A more detailed list can be found in our annual report.
3) Is there a formalized dividend policy?
No fixed dividend.
1) When will the next Annual General Meeting (AGM) be?
It is expected to be held in April 2025
2) Where can I obtain a copy of the annual report?
Please visit our website at www.indofoodagri.com or the SGX website at www.sgx.com
