Indofood Agri Resources Limited - Annual Report 2015 - page 5

INDOFOOD AGRI RESOURCES LTD
ANNUAL REPORT 2015
03.
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• Formed a 40% : 60% JV,
engaging in road
construction and the
leasing of heavy
equipment
• Expanded sugar
business via the
acquisition of PT
Madusari Lampung
Indah (PT MLI)
• Achieved RSPO-
certified CPO of
332,000 tonnes
• Acquired 26.4%
stake in Heliae, a
development stage
algae technology
solutions company
• Achieved RSPO-
certified CPO of
248,000 tonnes
• 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),
a sugar, ethanol and
co-generation company
in Brazil
• Formed a 30% : 70% JV,
FP Natural Resources
Limited (FPNRL) to
invest 34% in Roxas
Holdings Inc. (RHI),
an integrated sugar
business in the
Philippines
• Received first Indonesia
Sustainable Palm Oil
(ISPO)-certified CPO
of 45,000 tonnes
• Acquired additional
stake in RHI to 50.9%
• Achieved RSPO- and
ISPO-certified CPO
of 377,000 tonnes
and 180,000 tonnes,
respectively
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