Market Flash: iSHARES MSCI Indonesia Investable Market Index Fund (EIDO:US) PRICE: 28.530 USD Down -0.360 (-1.246%) >>> BI: Rupiah Melemah Akibat Kondisi Eropa >>> Pertemuan FED pertimbangkan langkah baru dorong ekonomi >>> KIJA akan Terbitkan MEN Valas USD150 Juta >>> PT Indika Energy Perusahaan Teladan Dunia 2011 >>> Govt Promises Revision of Cost Recovery Regulation >>> BPMigas Demands PGN to Pay US$6 per MMBTU >>> Jababeka to Raise US$150 Million from Debt Markets >>> SCG Chemicals buys Chandra Asri >>> Solusi Tunas eyes Rp380 bio IPO >>> SMR Utama scouts Rp300 bio IPO >>> Alam Sutera picks two bond arrangers >>> ASII Tetap Rajai Penjualan Mobil Agustus 2011 >>> Perusahaan Thailand kuasai Saham TPIA senilai Rp 3,76 Triliun >>> Agis Main ke Tambang, Sahamnya Masuk Dalam Pengawasan >>> ACES Mendekati The Northern Agar Mau Kurangi Kepemilikan >>> IHSG masih harus berjuang terus bertahan diatas MA200 >>> Melirik Peluang Akumulasi di Saham Perbankan >>> Analisa Saham BUMI: Kuat Bertahan & Berpeluang Kembali Uptrend >>> Analisa Saham JSMR: Bertahan Di Support, What Next? >>> INDF Tertahan Di Area Support Kuat, Berpeluang Rebound >>> ASII Break Minor Support, Sell on Strength >>> ADRO Membentuk Descending Wedges, Berpeluang Rebound Terbatas >>> Wall Street ends flat as early gains evaporate >>> Fed begins policy meeting, tiptoes toward easing >>> Fed meeting to help decide on long-term Treasuries >>> Greece Makes 'Good Progress' in Reform Talks: EC >>> China worried Europe debt crisis will hit trade >>> China could roll out 4.65tr yuan stimulus package >>> IMF sees Mideast stagnation >>> NYMEX-Crude ends higher at Oct contract expiry >>> Asian Crude Palm Oil Up On Technical Buying, Soyoil >>> Foreign net Sell - 61.785.746

Minggu, 23 Januari 2011

The Indonesia Today CP Pokphand to Acquire Interest in CP Vietnam Livestock

CP Group (CPG) and CP Pokhpand Co. Ltd. (CPP) had on Friday (January 21) entered into an option agreement pursuant to which CPG granted the CPP an option to require CPG, in consideration of the sum of US$1.00, to sell or procure the sale of an aggregate of 70.82% of the total issued share capital of CP Vietnam Livestock (CPVL).
 
CPP shall have the absolute discretion in determining whether to exercise the Option. The Option exercise period will expire on 30 June 2011.

It is expected that should the CPP decide to exercise the Option, the acquisition would constitute a major transaction, and possible very substantial acquisition, and connected transaction under Chapters 14 and14A of the Listing Rules.

UBS AG, Hong Kong Branch is assigned as financial advisor to CPP.

CPVL was established in Vietnam in 1993 and is a fully integrated livestock and aquaculture company. CPVL’s main products include feed for swine, poultry, shrimp and fish and livestock farming products which accounted for approximately 55-60% and 30-35%, respectively, of the total revenue of CPVL for the year ended 31 December 2009.

The CPP Group is a leading feed producer in China controlling over 73 feed mills across 26 provinces and municipalities in China.

Tidak ada komentar:

Posting Komentar