Overview
Description
Astra Agro Lestari Tbk - Unsponsored ADR represents American Depositary Receipts for the Indonesian agribusiness company, Astra Agro Lestari Tbk. These ADRs allow U.S. investors to invest in shares of the company, which is primarily engaged in the cultivation and processing of palm oil and derivatives. The unsponsored nature of these ADRs means they are issued by a depositary bank without direct involvement from Astra Agro Lestari. The company plays a significant role in the agricultural sector, particularly in Indonesia, contributing to the production of palm oil—a vital component in the food, cosmetics, and biofuel industries. Through this instrument, investors can partake in the company’s performance and gain exposure to the agricultural markets of Southeast Asia, while benefiting from the ease of trading in U.S. financial markets.
About
CEO
Employees
27939
Address
Jl Puloayang Raya
Blok OR-1 Kawasan Industri Pulogadung
Jakarta, 13930
Blok OR-1 Kawasan Industri Pulogadung
Jakarta, 13930
Phone
62 21 461 6555
Website
Instrument type
American depositary receipt
Sector
Consumer Defensive
Industry
Farm Products
Country
United States
MIC code
PINX