Update COVID-19 in Indonesia: 1,024,298 confirmed infections, 28,855 deaths (27 January 2021)
27 January 2021 (closed)
USD/IDR (14,146) -6.00 -0.04%
EUR/IDR (17,335) +57.05 +0.33%
Jakarta Composite Index (6,109.17) -31.00 -0.50%
Indofood Sukses Makmur is reported to purchase 14.95 percent of the issuance of 98 million new shares of Singapore-listed Minzhong Food Corporation Limited (CMFC), a Chinese integrated vegetable processing company. CMFC will issue new shares for a price of SGD $0.915 per share, a 9.93 percent discount compared to the company's share value last Friday. Indofood's purchase is regarded to spur its business development and distribution network.