Indofood Agri Resources
{{Short description|Indonesian investment holding company}}
{{Infobox_Company
| logo = Indofood Agri Resources logo.svg
| logo_size = 200px
| caption =
| type = Public
| traded_as = {{sgx|5JS}}
| parent = {{#statements:P749}}
}}
Indofood Agri Resources Ltd. (shortened as IndoAgri) is an investment holding company{{Cite web |title=IFAR.SI - {{!}} Stock Price & Latest News {{!}} Reuters |url=https://www.reuters.com/markets/companies/IFAR.SI/ |access-date=2023-01-27 |website=www.reuters.com}} and a subsidiary of {{#statements:P749}}. Through Anthoni Salim's First Pacific and Indofood, he owns 74% of the company's voting rights.{{Cite web|url=http://indofoodagri.listedcompany.com/shareholdings.html|title=Indofood Agri Resources Ltd|website=indofoodagri.listedcompany.com|access-date=2020-06-25}} The company is listed on Singapore Exchange (ticker: 5JS) and the Frankfurt Stock Exchange (ticker: ZVF).{{Cite web|title=Indofood AGRI Resources Ltd. Equity {{!}} A0MKZK {{!}} SG1U47933908 {{!}} Share Price|url=https://www.boerse-frankfurt.de/equity/indofood-agri-resources-ltd|access-date=2020-07-22|website=www.boerse-frankfurt.de}}
Operations
Controversy
In 2019, IndoAgri quit its membership from the Roundtable on Sustainable Palm Oil after it had struggled with the RSPO complaints.{{cite web |date=30 January 2019 |title=Indofood quits sustainable palm oil body amid allegations of labour violations |url=https://www.just-food.com/news/indofood-quits-sustainable-palm-oil-body-amid-allegations-of-labour-violations_id140852.aspx |archive-url=https://web.archive.org/web/20200625152634/https://www.just-food.com/news/indofood-quits-sustainable-palm-oil-body-amid-allegations-of-labour-violations_id140852.aspx |archive-date=2020-06-25 |accessdate=25 June 2020 |website=www.just-food.com}} 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.{{cite web |title=Indofood Agri Resources – Material Risks from Contested Land and Labor Issues |url=https://chainreactionresearch.com/report/indofood-agri-resources-material-risks-from-contested-land-and-labor-issues/ |website=chainreactionresearch.com |accessdate=25 June 2020}}