Profil Perusahaan

Indofood Sukses Makmur Tbk.

Code : INDF
Name : Indofood Sukses Makmur Tbk.
Type : Emiten

Address

Businnes
: Producer Instant noodles and Seasonings
Sector Code : D. Consumer Non-Cyclicals
Sector Name : D2
Industry : D22
Sub Industry : D222

Company Status
: PMDN

Foundation Status
: 1990-08-14

Brief of Company Background

The company products are marketed under the Indomie, Sarimi, Supermi, Pop Mie and Top Mie brands, and control 90% of the instant noodle market in Indonesia. The company also produces Indofood seasonings, and soy sauce under the Indofood and Piring Lombok brands. Other product lines including Chiki, Chitato, Cheetos and Jetz snack foods, SUN baby foods, Tugu Luwak and Cafela coffee. In April 1994, Global Mark International Limited, one of the shareholders, floated US$ 500 million worth of 3-year Mandatory Exchangeable Bonds (MEB) on the Luxembourg Stock Exchange. The MEBs are bonds exchangeable for 139 million Global Mark shares. After all bonds are exchanged, the Global Mark shares will be reduced to 215 million, or 28% of total equity in the company. The company has 12 subsidiaries: PT Ciptakemas Abadi, PT Gizindo Primanusantara, PT Prima Intipangan Sejati, PT Intranusa Cipta, PT Tristara Makmur (all 100% owned), PT Indosentra Pelangi (70% owned), PT Arthanugraha Mandiri (51%), PT Suryapangan Indonesia (50%), PT Cemako Mandiri Corp. (50%) and PT Putri Usahatama (50% owned). On April 1995 the company with 51% shares and Said Bawasir Trading Corporation 49% set a noodle instant fabric in Jeddah, Arab Saudi. On April 1997 the extraordinary general meeting of the company approved management plans to acquire six affiliated companies. The company is a member of the Salim Group. The company garnered an Environmental Marketing Award (EMI) from the Indonesian Marketing Association for its performance in developing an environmental marketing system. In May 2001, Indofood acquired Asia Food Property from Singapore-listed Golden Agri Resources. This acquisition is expected to strengthen the core business of the company.



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