Page 6 - ar2013

MILESTONES
2008
Diversified 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.
2009
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 Palm Oil (RSPO)
certification for the Group’s North Sumatra estates and
factories.
Raised Rp730 billion from 5-year Indonesian Rupiah
Bonds and Islamic Lease-based Bonds.
2007
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.
2 INDOFOOD AGRI RESOURCES LTD • ANNUAL REPORT 2013