One-Stop Financial Services, uSMART Securities Pte Ltd

uSMART Securities

uSMART Securities (Singapore) Pte. Ltd (uSMART SG),is a leading securities company regulated by MAS and we hold a Capital Markets Services (CMS) License under the Securities and Futures Act 2001. We provide smart, professional and outstanding one-stop financial services to our clients, to best serve investors' needs and investment journey.

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uSMART Securities Pte Ltd

Equity Bottom-Up

Indofood Agri Resources / Equity Bottom-Up

<ul><li>Indofood Agri Resources is a Singapore-listed, vertically integrated agribusiness group with operations across oil palm plantations, milling, refining and branded edible oils in Indonesia.</li><li>Its key assets include 237,437 hectares of oil palm planted area, 27 palm oil mills and five refineries, with downstream brands such as Bimoli and Palmia.</li><li>BUY maintained; TP raised to S$0.52 from S$0.46.</li></ul>

Indofood Agri Resources is a Singapore-listed, vertically integrated agribusiness group with operations across oil palm plantations, milling, refining and branded edible oils in Indonesia.Its key assets include 237,437 hectares of oil palm planted area, 27 palm oil mills and five refineries, with downstream brands such as Bimoli and Palmia.BUY maintained; TP raised to S$0.52 from S$0.46.

Indofood Agri Resources Ltd Earnings Update (7 July 2026)