Indofood Sukses Makmur

After a tough first half (especially in 2Q20), DBS Research is confident about a rally in 2H20.

SINGAPORE (July 8): Dissenting minority shareholders of Indofood Agri Resources are probably rejoicing after the recent failed takeover attempt by controlling shareholder Indofood Sukses Makmur. However, the dust has not settled. ISM appears bent on tight

SINGAPORE (July 1): The offer for Indofood Agri Resources lapsed this past week. In my view, the directors who recommended the deal should now resign.

SINGAPORE (July 1): The offer for Indofood Agri Resources lapsed this past week. In my view, the directors who recommended the deal should now resign.

SINGAPORE (June 27): Loo Leong Thye, the founder, executive director and chief executive officer of Challenger Technologies, has failed in his bid to voluntarily delist the consumer electronics retailer.

SINGAPORE (June 26): Indofood Sukses Makmur’s bid to take over mainboard-listed Indofood Agri Resources has lapsed – with the controlling shareholder falling less than 2 percentage points off the mark.

SINGAPORE (May 20): Dear Board of Directors, As a long-term investor in Indofood Agri Resources (IndoAgri), I am disappointed that you are recommending that I accept the offer from Indofood Sukses Makmur (Indofood). The offer price of 28 cents per share s

SINGAPORE (Apr 22): One evening in February 2002, the telephone on my desk rang at an unusually late hour. The voice on the other end of the line identified itself as being that of Sir Ronald Brierley, the chairman of London-listed Guinness Peat Group.