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IndoAgri has successfully grown its business to become one of the largest agribusiness groups in Indonesia

• 2020
  • Restructuring of sugar operations in Brazil, with IndoAgri owning 36.21% of CMAA and Bússola
  • 78% of nucleus CPO produced was ISPO certified
• 2019
  • Commencement of operations at the newly completed chocolate factory
  • 71% of nucleus CPO produced was ISPO certified
• 2018
  • Formation of Canápolis Holding S.A. (Canápolis), a 50:50 JV to acquire a second sugar and ethanol mill in Brazil
  • Acquired Vale do Pontal Açúcar e Álcool Ltda (UVP), a sugar and ethanol mill operator in Brazil, and turning CMAA into a 35:35:30 JV
  • 62% of nucleus CPO produced was ISPO certified
• 2017
  • Formation of PT Indoagri Daitocacao, a 49:51 JV to manufacture and market chocolate products
  • 57% of nucleus CPO produced was ISPO certified
• 2016
  • Acquisition of PT Pasir Luhur, a tea plantation company
  • 39% of nucleus CPO produced was ISPO certified
• 2015
  • 24% of nucleus CPO produced was ISPO certified
• 2014
  • Formation of PT Prima Sarana Mustika, a 40:60 JV for road construction and leasing of heavy equipment
  • Expanded sugar business via the acquisition of PT Madusari Lampung Indah
• 2013
  • Acquisition of 79.7% interest in PT Mentari Pertiwi Makmur, an industrial timber plantation company
  • Acquisition of 50.0% stake in Companhia Mineira de Açúcar e Álcool Participações (CMAA), a sugar and ethanol company in Brazil
  • Formation of FP Natural Resources Limited, a 30:70 JV to invest 34% in Roxas Holdings Inc. (Roxas), an integrated sugar business in the Philippines
  • 7% of nucleus Crude Palm Oil (CPO) produced was Indonesian Sustainable Palm Oil (ISPO)-certified
• 2012
  • Acquisition of 26.4% stake in Heliae, a development stage algae technology solutions company
• 2011
  • Listing of PT SIMP on IDX
• 2010
  • Divestment of 8% stake in Lonsum, of which 3.1% was sold to PT Salim Ivomas Pratama Tbk (PT SIMP)
• 2009
  • Acquisition of plantation land in South Sumatra
• 2008
  • Diversification into sugar business with 60% stake in PT Laju Perdana Indah
  • Acquisition of plantation land in South Sumatra and Central Kalimantan
• 2007
  • Reverse takeover and listing on SGX
  • Acquisition of plantation land in South Sumatra and Kalimantan
  • Acquisition of 58.8% stake in PT PP London Sumatra Indonesia Tbk (Lonsum)