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Indofood planning deal

This article was originally published in The Public Ledger

TWO subsidiaries - Serikat Putra and Indoagri Inti Plantation - of the world's top noodle maker Indofood Sukses Makmur are in the process of acquiring a local plantation firm in a Rp8.5bn ($850,000) deal. Intimegah Bestarui Pertiwi currently holds business permits to work 10,000 hectares land in South Sumatra.



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