114.
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 PP London Sumatra
Indonesia Tbk
PT Multi Agro Kencana Prima
(PT MAKP)
5
Indonesia
43.71
43.71
Rubber mill and trading
Lonsum Singapore Pte. Ltd.
(LSP)
6
Singapore
43.72
43.72
Trading and marketing
PT Tani Musi Persada
(PT TMP)
5
Indonesia
43.68
43.68
Ownership of oil palm
plantations
PT Sumatra Agri Sejahtera
(PT SAS)
5
Indonesia
43.71
43.71
Ownership of oil palm
plantations
PT Tani Andalas Sejahtera
(PT TAS)
5
Indonesia
39.35
39.35
Ownership of oil palm
plantations
Agri Investment Pte. Ltd.
(AIPL)
6
Singapore
43.72
43.72
Investment holding
PT Wushan Hijau Lestari
(“PT WHL”)
#
Indonesia
28.41
–
Agriculture, forestry,
fishing and trading
Held by PT Mentari Pertiwi
Makmur
PT Sumalindo Alam Lestari
(“PT SAL”)
7
Indonesia
58.53
58.53
Development of industrial
timber plantations
Held by PT Sumalindo Alam
Lestari and PT Mentari
Pertiwi Makmur
PT Wana Kaltim Lestari
(“PT WKL”)
7
Indonesia
58.53
58.53
Development of industrial
timber plantations
Held by Lonsum Singapore
Pte. Ltd.
Sumatra Bioscience Pte. Ltd.
(SBPL)
6
Singapore
43.72
43.72
Non-operating
