“ … Here is another one. A change in what Human nature will allow for government. "Careful, Kryon, don't talk about politics. You'll get in trouble." I won't get in trouble. I'm going to tell you to watch for leadership that cares about you. "You mean politics is going to change?" It already has. It's beginning. Watch for it. You're going to see a total phase-out of old energy dictatorships eventually. The potential is that you're going to see that before 2013.

They're going to fall over, you know, because the energy of the population will not sustain an old energy leader ..."
"Update on Current Events" – Jul 23, 2011 (Kryon channelled by Lee Carroll) - (Subjects: The Humanization of God, Gaia, Shift of Human Consciousness, 2012, Benevolent Design, Financial Institutes (Recession, System to Change ...), Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Nuclear Power Revealed, Geothermal Power, Hydro Power, Drinking Water from Seawater, No need for Oil as Much, Middle East in Peace, Persia/Iran Uprising, Muhammad, Israel, DNA, Two Dictators to fall soon, Africa, China, (Old) Souls, Species to go, Whales to Humans, Global Unity,..... etc.)
(Subjects: Who/What is Kryon ?, Egypt Uprising, Iran/Persia Uprising, Peace in Middle East without Israel actively involved, Muhammad, "Conceptual" Youth Revolution, "Conceptual" Managed Business, Internet, Social Media, News Media, Google, Bankers, Global Unity,..... etc.)

Friday, December 28, 2007

Malindo Feedmill to spend Rp 245b on buyout and plant construction

The Jakarta Post, Jakarta

Public poultry products company PT Malindo Feedmill has allocated up to Rp 245 billion to acquire an affiliated company, PT Leong Ayamsatu Primadona (LAP), and to build a new poultry food plant next year, says an executive.

Malindo Commissioner Tan Lai Kang said here on Thursday that the acquisition would be worth Rp 145 billion, while the new plant would cost his company as much Rp 100 billion to build.

The acquisition and new plant were aimed at increasing Malindo's market share in day-old chicks (DOC), and to expand the company's sales in Central Java and North Sumatra provinces, he said.

Lai Kang said that his company, which is owned by Malaysia-based Dragon Amity Ltd. (76.6 percent) and the public (23.4 percent), would hold a shareholders' extraordinary meeting on Jan. 14, 2008 to get approval for the acquisition plan.

According to Lai Kang, LAP, which was established in 1997, had 13 farms for commercial chickens (fryers) and 7 farms for DOCs in Subang, West Java and Deli Serdang, North Sumatra. Its farms produce 6 million chickens and 62 million DOCs a year, respectively.

"The new plant is expected to be ready for operation in 2009 with 360,000 metric tons annual capacity," said Lai Kang, adding that the plant would be located in Modern Cikande in Serang, Banten.

Malindo's net sales increased by 16 percent to Rp 745.56 billion in the first nine months of this year, from Rp 642.39 billion in the same period of last year.

Meanwhile, its net profit decreased by 55.4 percent to Rp 19.37 billion in the first nine months of this year, from Rp 30.12 billion in the same period of last year.

Lai Kang said that the company was expecting to meet Rp 1 trillion of net sales by end of this year. (nkn)

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