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In January 2019, Kino acquired the Morinaga's stake in the joint venture for Rp 74,89 billion and changed its name to Kino Food Indonesia, giving Kino's full control again in the food business. [5] In September 2014, Kinocare Era Kosmetindo changed its name to Kino Indonesia as part of corporate restructuring whilst becominh the holding company ...
The Salim Group is Indonesia's biggest conglomerate and refers to companies where the Salim family holds majority ownership. Its assets include Indofood Sukses Makmur, [a] the world's largest instant noodle producer; Indomobil Group, one of Indonesia's largest car manufacturers; Indomaret, Indonesia's largest convenience store chain; and Bogasari, a large flour-milling operation. [1]
The company was established in 1983 as PT Elang Mahkota Komputer as a distributor of Compaq computers. In 1998, PT Elang Mahkota Komputer renamed itself into PT Elang Mahkota Teknologi. [3] On 9 August 2004, the company launched a local television station – O Channel, along with the MRA Media Group. In 2007, Emtek took full control of the ...
ABC brand was previously owned by PT ABC Central Food Industry, a company that was bought by Heinz in 1999. [3] ABC is the largest Heinz's business in Asia, and one of the largest in the world; employing 3000 employees, 3 production facilities, 8 packing facilities, and extensive distribution network in Java and other parts of Indonesia. Today ...
This table reflects the Forbes Global 2000 list, which ranks the world's 2,000 largest publicly traded companies. "The Global 2000" list is assembled based on factors including revenue, net profit, total assets and market value; each element is assigned a weighted rank in terms of importance when assessing the overall ranking.
The company's operations in Indonesia originated in 1959, when Ferry Teguh Santosa founded PT Ometraco as a diversified group. [2] Japfa was founded in 1971 at Surabaya, as a joint venture between Ometraco and German firm Internationale Graanhandel Thegrau to manufacture copra pellets and coconut oil. Its name was initially PT Java Pelletizing ...
In 2010, Mulgrave exercised the convertible bond for 24.54% stake in the company, making DFI Retail Group the new majority shareholder of PT Hero Supermarket Tbk. [6] MPPA protested the action and went separate ways to build its own store "Hypermart". In 2014, Hero acquired a license to operate IKEA stores in Indonesia.
The BUMN Untuk Indonesia ("SOEs for Indonesia") campaign was launched by the Ministry of State Owned Enterprises in April 2020; [1] this logo was introduced together with a rebranding of the Ministry and the introduction of the AKHLAK core values across all state-owned enterprises effective on 1 July 2020.