PT Perusahaan Industri Ceres, subsidiary of SGX-listed Petra Foods Ltd, is very popular in Indonesia with its choco spread product. Petra Foods, the parent, was once a company with market value of S$2.63 billion (May 2013), but at the moment its value is only around S$1.4 billion. What if one of its Indonesian subsidiaries is listed on Indonesia Stock Exchange (IDX)? How big the company would be?To subscribe please click here
