Group Overview Operation and Financial Review Financials Other Information Sustainability and Governance 113 Annual Report 2025 Notes to the financial statements For the financial year ended 31 December 2025 19. Investment in subsidiary companies Company 2025 2024 Rp million Rp million Shares, at cost 10,707,410 10,707,410 The Group held less than 50% effective shareholdings in certain subsidiaries but owned, directly and indirectly, more than half of the voting power in these subsidiaries. (a) Composition of the Group The Group has the following investment in subsidiaries: Name of subsidiaries Country of incorporation Effective percentage of equity held Principal activities % 2025 2024 Name (Abbreviated name) Held by the Company PT Salim Ivomas Pratama Tbk (PT SIMP) 2 Indonesia 73.46 73.46 Ownership of oil palm plantations, mills and production of cooking oil, margarine, shortening, and other related products IFAR Brazil Pte. Ltd. (IFAR Brazil)1 Singapore 100.00 100.00 Investment holding IFAR Trading Pte. Ltd. (IFAR Trading)1 Singapore 100.00 100.00 Trading of CPO and derivative products Held by PT Salim Ivomas Pratama Tbk IndoInternational Green Energy Resources Pte. Ltd. (IGER) 1 Singapore 44.08 44.08 Investment holding PT Indoagri Inti Plantation (PT IIP) 2 Indonesia 72.73 72.73 Investment holding, management and transportation services Silveron Investments Limited (SIL) * Mauritius 73.46 73.46 Investment holding PT Kebun Mandiri Sejahtera (PT KMS) 3 Indonesia 71.89 71.89 Ownership of oil palm plantations and mill
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