Affinity exits IDX-listed herbal medicine company Sido Muncul

Affinity exits IDX-listed herbal medicine company Sido Muncul

Photo by Katherine Hanlon on Unsplash.

Concordant Investments Pte Ltd, an affiliate of Affinity Equity Partners, has divested its 17.14% stake in Indonesian-listed herbal medicine and food company PT Sido Muncul Herbal Medicine and Pharmaceutical Industry Tbk (SIDO), as disclosed on Friday.

Edited by: Joymitra Rai