Garuda Food Back it IPO So 2012

Garuda Food Back it IPO So 2012

Jakarta (ANTARA) - Manufacturers of nuts Garuda Garuda Food backed plans go publicnya (IPO) of the original 2009 to 2012. The reason, company management is more focused effort before finalizing a business in the next two years.

CEO Garuda Food, Sudhamek AWS, in Jakarta on Tuesday, said the company wanted to finalize his business first to reach the target becomes the second largest player in the business in 2015 in food and drink (food and beverages)

"IPO is realistic in 2012, it has also received an agreement from its shareholders," said Sudhamek. He added, in 2009 and the company was already meniatkan for the IPO, but then delayed, because they still see the direction where the national economy. "We do not want to rush, which is important solid first," he said.

According to him, this year, the company sales target of Rp 5 trillion or an increase compared to 2009 amounting to Rp 4.1 trillion.

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