Indonesian Rice Producer Buyung Poetra Sembada to Build New Factory
Buyung Poetra Sembada, an Indonesia-based rice producer, plans to construct a new rice factory in South Sumatra in the second half of 2018, a project that will require IDR 100 billion (approx. USD $7.5 million) in investment. Buyung Poetra Sembada conducted an initial public offering (IPO) on the Indonesia Stock Exchange in June 2017.