SUBSCRIBERS

IndoAgri JVs propose reorganisation of sugar assets, operations in Brazil

Vivienne Tay
Published Thu, Oct 1, 2020 · 09:50 PM

Singapore

INDOFOOD Agri Resources' joint ventures (JVs) have proposed reorganising and consolidating their sugar assets and operations in Brazil.

The joint ventures are Companhia Mineira de Açúcar e Álcool Participações (CMAA) and Canápolis Holding, the agribusiness group said in a bourse filing on Thursday. IndoAgri Brazil Participações, a wholly owned subsidiary by IndoAgri, owns stakes in both entities.

Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

Copyright SPH Media. All rights reserved.