Indofood Agri Resources Ltd. (shortened as IndoAgri) is an investment holding company[1] and a subsidiary of Indofood Singapore Holdings Pte. Ltd.. Through Anthoni Salim's First Pacific and Indofood, he owns 74% of the company's voting rights.[2] The company is listed on Singapore Exchange (ticker: 5JS) and the Frankfurt Stock Exchange (ticker: ZVF).[3]
IndoAgri operates in Indonesia, Brazil and Philippines. [4]
In 2019, IndoAgri quit its membership from the Roundtable on Sustainable Palm Oil after it had struggled with the RSPO complaints.[5] According to Chain Reaction Research, 42% of IndoAgri's landbank is contested, community conflicts are happening on several plantations have and some land is within protected nature area.[6]
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