Charoen Pokphand (CPIN), the largest integrated poultry player, is now worth Rp78.7 trillion, more than four times Japfa Comfeed (JPFA), the second largest player. In the first half of 2024, Japfa came out stronger than Charoen in terms of profit margins.
Read MoreAhmad Muzani, the secretary general of Prabowo Subianto’s Gerindra Party, told the press on Monday (Sep. 9) about Prabowo’s plan to meet with Megawati Soekarnoputri, the matriarch of PDIP. Muzani believes that the meeting between Prabowo and Megawati will happen before the presidential inauguration on Oct. 20.
Read MoreTen years ago, feed producer Malindo Feedmill (MAIN) sold 96 million shares to a group of investors, including private equity firms, at Rp3,500 per share. On Monday (Sep 9), Malindo ended lower by 0.63% to Rp795. That means those stay in the company already booked unrealised loss of 77%.
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