Japfa to Delist from SGX

Japfa to Delist from SGX

Japfa, the parent of Japfa Comfeed Indonesia (JPFA), is set to go through privatization with members of its founding family offering to buy publicly-held shares at a premium price.

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Senin, 27 Januari 2025 | 18:38

Bisnis, JAKARTA — Japfa Ltd., the parent company of poultry producer PT Japfa Comfeed Indonesia (JPFA), has announced plans to delist from the Singapore Exchange (SGX). The plan took a more concrete turn with a share purchase offer made by companies owned by members of Japfa’s founding family.

According to an official announcement by Japfa, a special-purpose entity owned by Renaldo Santosa and Gabriella Santosa, along with another company owned by Anastasia Kolonas, is offering to acquire 18.33 percent of Japfa Ltd.’s public shares at a price of SGD 0.62 per share.

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