Indonesian establishment Indofood Sukses Makmur is set to reduce its share in vegetable processing firm China Minzhong Food, a move that would raise $314m. The sale, which is expected to be completed by June, will reduce Indofood's stake ...
Tags: China Minzhong Food, Agriculture
Indonesia's Indofood Sukses Makmur (Indofood) has increased its stake in Singapore-listed vegetable processor China Minzhong Food (CMFC) to more than 50%, through direct market purchases. Earlier this week, Indofood launched a mandatory ...
Tags: Indofood, Minzhong Food