Indofood Agri Resources Company Description
Indofood Agri Resources Ltd., together with its subsidiaries, operates as a vertically integrated agribusiness company in Singapore, Indonesia, China, Nigeria, Timor Leste, Germany, the Philippines, Myanmar, and internationally.
It engages in the research and development; oil palm seed breeding; oil palm cultivation and milling; crude palm oil production and refining; rubber, sugar cane, cocoa, and tea cultivation; and industrial timber plantation activities.
The company operates in two segments, Plantations, and Edible Oils and Fats. The Plantations segment is involved in the development and maintenance of oil palm, rubber, and sugar cane plantations; and other business activities relating to processing, marketing, and selling palm oil, rubber, and sugar cane.
The Edible Oils and Fats segment produces, markets, and sells edible oil, margarine, shortening, and other related products, as well as its derivative products.
It offers cooking oil under the Bimoli, Bimoli Spesial, Delima, Amanda, and Happy brands; and margarine and shortening products under the Amanda, Palmia, Royal Palmia, Simas, Malinda, and Delima brands.
As of December 31, 2021, the company had a planted area of approximately 300,749 hectares, including 250,615 hectares of oil palm; 16,228 hectares of rubber; 14,411 hectares of sugar cane; and 19,495 hectares of other crops.
It also owns and operates bulking facilities; provides transportation, investment, management, and technical services; and operates in the macronutrients mix fertilizers and prefabrication industries.
The company was incorporated in 2001 and is headquartered in Singapore. Indofood Agri Resources Ltd. is a subsidiary of Indofood Singapore Holdings Pte. Ltd.
Country | Singapore |
Founded | 2001 |
Industry | Packaged Foods |
Sector | Consumer Staples |
Employees | 39,652 |
CEO | Mark Julian Wakeford |
Contact Details
Address: 8 Eu Tong Sen Street Singapore, 059818 Singapore | |
Phone | 65 6557 2389 |
Website | indofoodagri.com |
Stock Details
Ticker Symbol | 5JS |
Exchange | Singapore Exchange |
Fiscal Year | January - December |
Reporting Currency | IDR |
ISIN Number | SG1U47933908 |
SIC Code | 2070 |
Key Executives
Name | Position |
---|---|
Mark Julian Wakeford | Chief Executive Officer |
Mei Yook Mak | Chief Financial Officer |
Johnny Ponto | Chief Operating Officer |