PT Indofood Sukses Makmur Tbk (Indonesia Stock Exchange: INDF)


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Business Description
PT Indofood Sukses Makmur Tbk is an Indonesia-based food manufacturing company. Its operation ranges from the production of raw materials to consumer products in the market. The Company's business activities are classified into four business groups: consumer branded products business group, which consists of noodles, dairy, food seasonings, snack foods, nutrition and special foods, packaging and export; Bogasari, which engages in wheat flour production; agribusiness group, which consists of two divisions, namely plantations, and edible oil and fats; and distribution business group, which covers the distribution of Company’s products. On September 4, 2013, the Company announced that it has raised its stake in China Minzhong Food Corporation Limited from 29.59% to 51.62%.