Page 4 - ar2012

2007
2008
200
9
Completed a reverse takeover of CityAxis Holdings Limited and
changed name to Indofood Agri Resources Ltd.
Listed on the main board of the SGX-ST on 14 February and raised about
S$420 million proceeds from placement of 338 million new shares.
Acquired plantation land bank of 98,491 hectares in South Sumatra
and Kalimantan.
Acquired a 58.8% effective interest in Lonsum, becoming one of the
largest plantation companies in Indonesia with land bank doubling
to over 400,000 hectares.
Diversifed into sugar business via the subscription of 60% stake
in PT Laju Perdana Indah.
Acquired plantation land bank of 82,300 hectares in South Sumatra
and Central Kalimantan, Indonesia.
Acquired a bulking facility at the Dumai port, Indonesia.
Acquired plantation land bank of 10,000 hectares in South Sumatra,
Indonesia.
Incorporated a new subsidiary to own barges, tugboats and operate
a shipping logistics business.
Achieved the Roundtable on Sustainable PalmOil (RSPO) certifcation
for the Group’s North Sumatra estates and factories.
Raised Rp730 billion from 5-year Indonesian Rupiah Bonds
and Islamic Lease-based Bonds.
Milestones Over The Years
2