Profil Perusahaan

Primarindo Asia Infrastructure Tbk.

Code : BIMA
Name : Primarindo Asia Infrastructure Tbk.
Type : Emiten

Address

Businnes
: Footwear
Sector Code : E. Consumer Cyclicals
Sector Name : E4
Industry : E41
Sub Industry : E412

Company Status
: PMDN

Foundation Status
: 1988-07-01

Brief of Company Background

Founded in 1988 as a domestic investment company under the name PT Bintang Kharisma, in 1994 the company registered and floated its shares on the Jakarta Stock Exchange and became PT Bintang Kharisma Tbk. In 1997, planning to diversify into other promising business, the company changed its name to PT Primarindo Asia Infrastructure Tbk. However, owing to Indonesia's deteriorating economic and monetary situation at that time, the company opted to postpone these plans for diversification. Yet to make its name as a branded buyer, in 1989 the company began exporting two product lines, with orders from non-branded buyers. The company achieved a major milestone in 1993, with nine product lines and facilities for the production and bonding of rubber outsoles, and for the manufacture of EVA (sponge rubber) and phylon (compressed molded EVA) for midsoles. In 1996, the company gained the trust from 2 main buyers: Reebok and Fila. Beginning in 1997, the company started to implement an accurate production control system. In that year, the company decided to modernize its production process by using the Anzani Conveyor Stitching. In 1998, the company developed a computer-based purchase order tracking system called BITSCAN (Bintang Kharisma Scanning). Further in 1999, the company started to use a Lectra Cutting System.



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