Page 5 - ar2012

2010
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Carried out an internal restructuring to consolidate all joint ventures
with the Salim Group (a controlling shareholder of IndoAgri) under
a Singapore-incorporated entity, IGER.
Divested 8%or 109,521,000 shares in Lonsum for a cash consideration
of Rp1.3 trillion, of which, 3.1% was sold to PT SIMP and 4.9%
was sold to the public.
Acquired 26.4% interest in Heliae, a development stage algae
technology solutions company for US$15 million.
Awarded RSPO certifcation for an additional 53,000 tonnes of CPO,
bringing the Group’s total certifed CPO output to 248,000 tonnes.
2011
Listed PT SIMP on the main board of the Indonesia Stock Exchange
and raised net proceeds of Rp3.35 trillion from an initial public
offering (“IPO”) of 3,163,260,000 new ordinary shares.
Amalgamated with IOFPL, a wholly owned subsidiary, to operate
as one company.
Awarded RSPO certifcation for an additional 25,000 tonnes of CPO.
Indofood Agri Resources Ltd. • Annual Report 2012 3