INDOFOOD AGRI RESOURCES LTD
ANNUAL REPORT 2015
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For the financial year ended 31 December 2015
18.
INVESTMENT IN SUBSIDIARY COMPANIES (CONT’D)
(a)
Composition of the Group (cont’d)
Name of subsidiaries
Country of
incorporation
Effective percentage
of equity held
Principal activities
%
2015
2014
Held by PT Salim Ivomas
Pratama Tbk (cont’d)
PT Sarana Inti Pratama
(PT SAIN)
3
Indonesia
73.45
73.45
Investment, research,
management and technical
services, oil palm seed
breeding, and ownership of
oil palm plantations
PT Mentari Subur Abadi
(PT MSA)
3
Indonesia
21.87
21.87
Investment and ownership of
oil palm plantations
PT Mega Citra Perdana
(PT MCP)
4
Indonesia
21.83
21.83
Investment holding
PT Swadaya Bhakti Negaramas
(PT SBN)
3
Indonesia
21.91
21.91
Ownership of oil palm
plantations
PT Lajuperdana Indah
(PT LPI)
2
Indonesia
22.44
22.44
Ownership of sugar cane
plantations and sugar mills/
refineries
PT Mitra Inti Sejati Plantation
(PT MISP)
3
Indonesia
73.46
73.46
Ownership of oil palm
plantations and mill
PT PP London Sumatra Indonesia
Tbk (Lonsum)
2
Indonesia
43.72
43.72
Business of breeding, planting,
milling and selling of oil palm
products, rubber and other
crops
PT Cakra Alam Makmur
(PT CAM)
3
Indonesia
73.46
73.46
Ownership of bulking facilities
PT Hijaupertiwi Indah Plantations
(PT HPIP)
3
Indonesia
73.46
73.46
Ownership of oil palm
plantations
PT Cangkul Bumisubur
(PT CBS)
3
Indonesia
73.46
73.46
Ownership of oil palm
plantations
PT Samudera Sejahtera Pratama
(PT SSP)
3
Indonesia
73.46
73.46
Transportation service
PT Kebun Ganda Prima
(PT KGP)
3
Indonesia
73.46
73.45
Ownership of oil palm
plantations
