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Indonesian meat, dairy producer launches Singapore IPO

Japfa plans to use S$187.3m net proceeds to develop China dairy business
Friday, August 8, 2014 - 06:00

IN spite of the decision by Samudra Energy to pull the plug on its initial public offering (IPO), Indonesian meat and dairy producer Japfa Ltd is moving ahead with its own: its public offer opens today, and the firm expects to make its debut on the mainboard of Singapore Exchange next Friday.