4
INDOFOOD AGRI RESOURCES LTD
ANNUAL REPORT 2014
IndoAgri’s subsidiary, PT SIMP
established a 40:60 joint venture
company with PT WIS. The joint
venture PT PSM is primarily
engaged in the construction of
roads, embankments, trenches,
land clearing, plantation estate
development, rental of heavy
equipment, transportation and
trading of agricultural tools.
PT SIMP, through its subsidiary,
PTLPI, acquireda100%stake in
PT MLI a sugar cane cultivation
company with principal assets
comprising Hak Guna Usaha
(HGU) certification for 3,800
hectares in Ogan Komering Ulu
Timur Regency, South Sumatra.
30 JAN
10 JUN
KEY EVENTS
IN 2014
PT SIMP repaid Rp730 billion
of its Rupiah Bonds.
01 DEC