Sierad Produce Acquires Belfoods Indonesia
In order to further expansion, on June 30, 2009 PT Sierad Produce Tbk hold a General Meeting of Shareholders Extraordinary III that produces the decision among others the acquisition of 52.31% stake in PT Belfoods Indonesia, food processing companies that produce products such as chicken nuggets, sausages, etc.. This acquisition is in line with the Company's strategy to extend the chain of business integration and realize the vision: "To be the leading integrated poultry-based food company in Indonesia". In addition, at the same time also held the General Meeting of Shareholders and Public Expose.