A producer of Crude Palm Oil (CPO) and Palm Kernel (PK), Bumitama Agri operate in three provinces in Indonesia where its oil palm plantations are located, namely Central Kalimantan, West Kalimantan and Riau.
The Group's primary business activities are
1) cultivating and harvesting oil palm trees,
2) processing Fresh Palm Fruit Bunches (FFB) from its oil palm plantations
3) selling CPO and PK in Indonesia.
Many people have this question in mind - To subscribe or not to subscribe for this IPO?
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According to http://business.asiaone.com/Business/News/Story/A1Story20120404-337604.html:
- attracted strong demand from funds and wealthy investors looking to tap into the region's booming resources sector.
- placement was 31 times subscribed, the highest oversubscription rate for a corporate offer since Yangzijiang Shipbuilding's 2007 IPO
- (The IPO) attracted more ...
