Nov 12, 2010

IndoAgro disposes treasury shares

Palm oil player Indofood Agri Resources Ltd, IndoAgri, subsidiary of PT Indofood Sukses Makmur Tbk (INDF), today reports treasury shares disposal, allowing the company to grab S$25.15 million.
In a public statement to Singapore Stock Exchange today, IndoAgri has disposed 9 million treasury shares or 0.62% stake on November 11 2010 into the market. Post the disposal, IndoAgri doesn't hold any treasury shares.

Disclosure: No position at the stock mentioned above.

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