Indofood Agri's JV expands footprint in sugar industry
Add BT as a preferred source
Nisha Ramchandani
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
INDOFOOD Agri Resources' joint venture company, Companhia Mineira de Açúcar e Álcool Participações (CMAA), has invested in a sugar asset in Brazil.
In a filing to the Singapore Exchange on Tuesday morning, Indofood Agri said that CMAA had entered into an arrangement with JFLIM Participações S/A (JFLIM), under which JFLIM will transfer its fully-owned subsidiary, Vale do Pontal Açucar e Alcool Ltda (UVP), to CMAA.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Autobahn Rent A Car directors declared bankrupt over S$50 million each owed to DBS
Amazon’s MGM Studios gains creative control over ‘James Bond’ franchise
UOB’s Wee Ee Cheong says S$4.9 billion Citi deal ‘paying off’ as Asean push accelerates
In taxing wealth, how far can Singapore push property owners?
