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EURONEXT BRUSSELS
SIPEF is a public company
registered in Belgium. Its shares are quoted on the Stock Exchange of Brussels
(Euronext).
The Company was incorporated
in 1919 with the principal aims of promoting and managing plantation companies
which would operate in both tropical and sub-tropical areas. At that time
the company had two "agencies" one operating in Kuala Lumpur, Malaysia,
the other in Medan, Indonesia.
Since then the Company has
developed into an agro-industrial group of established plantations with
processing and shipping facilities in Asia-Oceania, Africa and South America.
In addition it provides management, marketing and consultancy services.
29/09/06
S.A. SIPEF N.V. is pleased to announce that they have agreed to acquire
5% of the P.T. Tolan Tiga group from the Bank Mandiri Pension Fund for
an amount of IDR 41 billion equivalent to USD 4.481 million (Euro 3.533
million).
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