Tuesday, July 6, 2010

Indofood CBP plans IPO to raise IIDR4 trillion

PT Indofood CBP (consumer branded product) Sukses Makmur expects to raise at least 4 IDRtrillion from selling shares in an initial public offering this year.
Indofood CBP is a unit of PT Indofood Sukses Makmur, Indonesia's biggest instant noodle maker.
CBP Group is the producer of a range of packaged foods under a number of divisions including Noodles, Food Seasonings, Snack Foods, Nutrition & Special Foods and Biscuit. With the acquisition of PT Indolakto (Indolakto) during 2008, the Dairy Division becomes the latest addition to the group, providing a strong presence in this strongly growing market. CBP Group is supported by the Food Ingredients, Packaging Divisions,and International divisions.

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