Indofood Sukses Makmur (IDX:INDF) has an average rating of buy and mean price target of 8,400 rupiah, according to analysts polled by FactSet.
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Gail (India) (NSE:GAIL, BOM:532155) has an average rating of overweight and mean price target of 183.62 Indian rupees, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)
Jiajia Food Group (SHE:002650) received income amounting to 86.8 million yuan as part of its investment in a partnership fund, according to a Shenzhen bourse filing.In 2014, the condiment food products manufacturer invested 200 million yuan into the Hexing (Tianjin) Equity Investment Fund Partnership (Limited Partnership), owning 99.995% of its capital.The company obtained 70.7 million yuan of pre-tax reserved equalization funds, which included 64.7 million yuan from the Eastroc Beverage (SHA:605499, HKG:9980) project, the Aimer (SHA:603511) project and 5.8 million yuan from the Zhongyin Babi Food (SHA:605338) project.Jiajia also received 16.2 million yuan in share income, which consisted of 15.7 million yuan from the Eastroc project and 444,494.31 yuan from the Aimer project.Jiajia's shares fell by less than 2% at the close.
Shengda Resources (SHE:000603) will purchase a 20% stake in Arukorqin Banner Deyun Mining from an employee for 87.1 million yuan, according to a Tuesday filing with the Shanghai bourse.The company also intends to purchase the employee's receivables from Deyun Mining for 31.1 million yuan.Upon completion, Shengda Resources' stake in in Deyun Mining will rise to 74% from 54%, making the mining company a controlling subsidiary.Deyun Mining holds silver polymetallic mining rights in the Bayanbaoleg mining area of Arukorqin Banner, Inner Mongolia Autonomous Region. It also holds exploration rights to a lead-zinc polymetallic mine, the filing said.