• Home
  • Investor Contact
  • Sitemap
  • Disclaimer
Logo Japfa
  • About Us
    • Overview
    • Our Purpose & Strategy
    • Our History
    • Our People
    • Our Regional Network
  • Our Business
    • Overview
    • Animal Protein - PT Japfa Tbk
    • Animal Protein - Other
  • Sustainability
    • Overview
      • Our Approach
        • Our Sustainability Journey
        • Sustainability Organisation
      • Sustainability Strategy and Pillars
        • Our Sustainability Pillars
        • Our Contribution to UN SDGs
        • Sustainability into Action
      • Key Achievements and Initiatives
        • Life Cycle Assessment
        • Social Life Cycle Assessment
        • Sustainable Finance
        • Climate Disclosure
        • Supplier Code of Conduct
    • Our Values
      • Growing Towards Mutual Prosperity
      • Japfa’s Mission
      • JAPFA for Kids
    • Investors
      • Board of Directors & Group Structure
        • Board of Directors
        • Group Structure
      • Financial Reports & Disclosures
        • Corporate Presentations
        • Quarterly Results
        • Annual Reports
        • Sustainability Reports
        • Other Disclosures - Japfa Ltd
        • PT Japfa Comfeed Indonesia Tbk Disclosures
      • AGM/EGM
      • Corporate Governance
        • Whistle Blowing Policy
        • Investor Relations Policy
      • Contact Investor Relations
    • Media
      • News
    2023-09-1700-b-news.jpg 2023-09-720-b-news.jpg
    Logo Japfa › Media › News and Clippings
    Media
    • News
    • News

    News

    Economy in brief: KKR to invest in Japfa Comfeed Indonesia

    The Jakarta Post Online - JAKARTA, June 10, 2016

    JAKARTA: Investment firm KKR will invest US$81.2 million for 10.44 percent interest in publicly listed Japfa Comfeed Indonesia (JPFA), a statement says.

    Integrated food company JPFA will place out 750 million new shares to KKR via private placement at approximately $52.9 million. Concurrent with the private placement, parent company Japfa Ltd. will sell 441.7 million shares in JPFA to KKR for an estimated $28.3 million.

    Commenting on the sale of its shares in JPFA, Japfa CEO Tan Yong-nang said it was pleased to welcome KKR as a significant shareholder of its major subsidiary.

    “We believe PT Japfa [JPFA] will benefit from KKR’s deep knowledge and experience in the agriculture and food sector, and its long-term investment thesis of promoting and enhancing the availability of safe and healthy food.

    We look forward to deepening our partnership with KKR in the future,” he said in the statement.

    The statement also said that the private placement and share sale transactions were part of a strategy to introduce fresh equity funding to strengthen the balance sheet of the Japfa Group.

    “The KKR investment package will improve the leverage ratio of Japfa and the group. In addition, Japfa will record a capital gain of approximately US$21.2 million from the sale of its shares in Japfa.”


    http://www.thejakartapost.com/news/2016/06/10/economy-brief-kkr-invest-japfa-comfeed-indonesia.html


    About Us
    • Overview
    • Our Purpose & Strategy
    • Our History
    • Our People
    • Our Regional Network
    Our Business
    • Overview
    • Animal Protein - PT Japfa Tbk
    • Animal Protein - Other
    Sustainability
    • Overview
    • Our Approach
    • Sustainability Strategy and Pillars
    • Key Achievements and Initiatives
    Our Values
    • Growing Towards Mutual Prosperity
    • Japfa's Mission
    • JAPFA for Kids
    Investors
    • Board of Directors & Group Structure
    • Financial Reports & Disclosures
    • AGM/EGM
    • Corporate Governance
    • Investor Relations Contact
    Media
    • News

     

    Copyrights © 2014 JAPFA LTD All rights reserved. Disclaimer