Sunday, January 16, 2011

Goldbug 100 - First Pacific Company Limited spins off PT Indofood Sukses Makmur TBK (ICBP)

Shareholders in First Pacific Company Limited (00142.HK) received a dividend in Specie, pursuant to the requirement of practice note 15 under the listing rules to provide assured entitlement for the company´s shareholders. Shareholder´s that cannot accept the dividend in specie, due to their residence status will receive their dividend in Cash HKD 4.7000 per share due. 6 December 2010.
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PT Indofood CBP Sukses Makmur Tbk engages in the production and distribution of packaged food products primarily in Indonesia. Its products include noodles, dairy products, food seasonings, and snack foods, as well as nutrition and special foods. The company offers instant bag noodles, instant cup noodles, egg noodles, and instant vermicelli under the Indomie, Supermi, Sarimi, Sakura, Pop Mie, Mi Telur Cap 3 Ayam, and Pop Bihun brands; sweetened condensed milk, liquid milk, powdered milk, and other dairy products, such as ice cream, yogurt drinks, and butter under the Indomilk, Cap Enaak, Indoeskrim, Nice Yogurt, and Orchid Butter brands; and food seasonings, such as soy sauce, chili sauce, tomato sauce, bouillon, and instant seasonings, as well as cordial syrups under Indofood and Piring Lombok brands. PT Indofood CBP Sukses Makmur also provides snack foods, such as chips and extruded products, as well as biscuits and sandwich crackers under Chitato, Qtela, Trenz, Lays, and Cheetos brands; and specialty foods, such as baby cereal, follow-on cereal, and biscuits for infants and children, as well as milk products for expectant and lactating mothers. In addition, it operates a packaging business, which produces flexible and corrugated packaging for other customers. The company distributes its products to wholesalers; modern markets, which consist of supermarkets, hypermarkets, and minimarts; and retailers. It also exports its products to Australia, Papua New Guinea, Hong Kong, Timor-Leste, Malaysia, Brunei, the United States, the Middle East, and Europe. The company is headquartered in Jakarta, Indonesia. PT Indofood CBP Sukses Makmur Tbk is as a subsidiary of PT Indofood Sukses Makmur Tbk.

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