Indonesian Companies in Focus: Japfa Comfeed Indonesia
After global equity firm KKR Jade Investment Pte Ltd acquired a 10.44 percent stake in Japfa Comfeed Indonesia, the latter is in a position to reduce its short-term debt, and this will have a positive impact on the company's financial profile. Japfa Comfeed Indonesia is one of the leading integrated agri-food companies in Indonesia and has a main focus on animal feed manufacturing, chicken breeding, poultry processing and aquaculture farming. It is a unit of Singapore-based Japfa, a pan-Asian agro-food firm.