Activists say not all local companies are exempt from Israeli affiliation
Jakarta (MidLand) – Pro-Palestinian activist Aresdi Mahdi stressed that not all local companies can be exempt from Israeli state affiliation, so the public needs to re-examine the issue.
“Local companies are born in the real locality. But it is necessary to provide all the treasuries of local companies cross-check “Again, whether or not they are affiliated with Israel,” Aresdi said in an official statement in Jakarta on Monday.
Aresdi said it is very important to carry out a review because any funding that flows into the company will be turned into profits and distributed to shareholders.
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If the shareholders are parties that support Israel, then the proceeds will likely go to the country’s treasury to purchase ammunition for the ongoing conflict.
“It’s the same if brandThese were purchased by companies originating from countries that support Israel, even though they are local companies that still have to pay royalties. “Those royalties then flow to Israel,” she said.
For this reason he reminded all those implementing the boycott to pay more attention to local businesses affiliated with that country due to the possibility of collaborations or transactions taking place.
“So far this has not been opened to the public because not everyone understands the company became public that and how the funds flow,” he said.
Previously, via his personal social media accounts on TikTok and Instagram @aresdimahdi on Sunday (2/6), he revealed several local companies affiliated with Israel. These include Indofood, Mayora, Garuda Food, Gudang Garam and Kopi Kenangan.
He cited the example of a number of Israel-affiliated investors who entered through public shares in Indofood, namely First Pacific Company Limited (50.07%), The Vanguard Group Inc (1.982%), FIL Investment International ( 0.6772%), FIL Investment Management (Singapore) Ltd (0.582%), Geode Capital Management LLC (0.350%) and Artemis Investment Management LLP (0.1654%).
Then the Israeli-affiliated investors in Garuda Food are Hormel Foods Corporation (30.17%) and MP Evans Group PLC (0.9008%). Meanwhile, Israel’s affiliated investors in Sido Muncul are The Vanguard Group Inc (0.137%), Norges Bank Investment Management (0.5050%), FIL Investment Management (Singapore) Ltd (0.3693%), First Sentier Investors ( UK) IM Ltd (0.3603%). ) and Morgan Stanley Investment Management (0.3271%).
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Reporter: Hreeloita Dharma Shanti
Editor: Zita Meirina
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