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INDOFOOD AGRI RESOURCES LTD
ANNUAL REPORT 2014
Acquired a 79.7% interest in PT Mentari
Pertiwi Makmur (PT MPM).
Acquired a 50% stake in Companhia Mineira
de Açúcar e Álcool Participações (CMAA),
the Group’s first overseas investment into
the sugar, ethanol and co
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generation industry
in Brazil.
Established a S$500 million Euro Medium
Term Note Programme.
Formed FP Natural Resources Limited
(FPNRL), a joint venture between First Pacific
Company Limited (70% stake) and IndoAgri
(30% stake), to invest 34% in Roxas
Holdings Inc. (RHI), the largest integrated
sugar business in the Philippines.
Listed PT Salim Ivomas Pratama Tbk
(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 certification for an additional
25,000 tonnes of CPO.
Acquired 26.4% interest in Heliae, a
development stage algae technology
solutions company for US$15 million.
Awarded RSPO certification for an additional
53,000 tonnes of CPO.
Formed PT Prima Sarana Mustika (PT
PSM), a 40:60 joint venture between PT
SIMP and PT Wahana Inti Selaras (PT
WIS) specialising in road construction and
the leasing of heavy equipment.
Acquired a 100% stake in PT Madusari
Lampung Indah (PT MLI), a sugar cane
cultivation company.
Repaid Rp730 billion of PT SIMP’s Rupiah
Bonds.
Awarded RSPO certification for an
additional 84,000 tonnes of CPO, bringing
the Group’s total certified CPO output to
332,000 tonnes.
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