May 17, 2012 -- Updated December 01, 2010 16:04 HKT
Asian Agriculture Hot List ARWD, IF, IDX
Arrow Resources Development Inc. OTC:ARWD, PT Astra Agro Lestari Tbk JAK:AALI, Aberdeen Indonesia Fund, Inc. AMEX:IF, Market Vectors Indonesia Index (ETF) NYSE:IDX
Rapid growth in Indonesia has led to a rapid demand in the food sector, agricultural companies across Indonesia are booming are will do so for many years to come, here is out hot list of the USA listed companies in that sector.
PT Astra Agro Lestari Tbk is an Indonesia-based plantation company. The Company’s principal activities are the operation of oil palm, rubber and cocoa plantations, general trading, manufacturing, transportation, consultation and related services. Its 4,059-hectare oil palm plantation is located in South Kalimantan and the cooking oil factory is located in North Sumatra, Indonesia. The Company and its subsidiaries’ mills have production capacities of 940 tons of fruit bunch per hour and 600 tons of kernel per day and 300 tons of crude palm oil (CPO) per day. The subsidiaries’ plantations and mills are located in Java, Sumatra, Kalimantan and Sulawesi.
Arrow Resources Development Inc. OTC:ARWD,
Arrow Resources Development Inc. (ARWD) provides corporate operating structure, financial operations, sales and marketing activities and the financial administrative infrastructure for the commercial development of land and natural resources in Indonesia. The land to be developed has been categorized as environmentally “critical land” by the Indonesian government due to deforestation by local farmers and predatory logging companies. Arrow and their partners undertake every project in a manner that is sensitive to the local environment and social structure, blending economic growth with socially conscious development. All current and future operations utilize the existing natural resources in a sustainable, renewable and responsible manner.
Aberdeen Indonesia Fund, Inc. AMEX:IF
Aberdeen Indonesia Fund, Inc. (the Fund), formerly Indonesia Fund, Inc., is a closed-end fund. The Fund seeks long-term capital appreciation as a primary objective and income as a secondary objective, by investing primarily in Indonesian securities. Aberdeen Asset Management Asia Limited serves as the Investment Adviser of the Fund.
Market Vectors Indonesia Index (ETF) NYSE:IDX
The Indonesia Index ETF seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors Indonesia Index.
The Market Vectors Indonesia Index is a rules-based, modified market capitalization-weighted, float-adjusted index intended to give investors exposure to Indonesia.
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