Food producer FKS Food Multi Agro (FISH), through its subsidiary PT Pangan Sejahtera Investama, acquired 1.57 billion shares of Tiga Pilar Sejahtera Food (AISA) at the price of Rp210 a share or Rp329.47 billion in total through a private placement scheme. It represents 32.77% of enlarged capital. FISH’s unit, PT FKS Food and Ingredients, joined with Singapore’s Agri Pte. Ltd., have signed contracts on August 6, 2019.
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