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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 ...
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.
PT GoTo Gojek Tokopedia Tbk, [6] trading as GoTo, is an Indonesian technology company. The company was formed in 2021 in a merger — the largest in the country at that time between Indonesia's two most valuable startups, ride-hailing giant Gojek and e-commerce firm Tokopedia .
Astra International, Tbk. is an Indonesian conglomerate [1] controlled by Jardine Cycle & Carriage. It was founded in 1957 by Tjia Kian Tie, Liem Pen Hong with the name of PT Astra International Incorporated.
The company was established on 14 August 1990 as PT Panganjaya Intikusuma, then later on 5 February 1994 its name was changed to Indofood Sukses Maksur. It exports food ingredients to Australia, Asia and Europe. In the past few decades, Indofood has transformed into a total food solutions business. Its operations comprise the entirety of the ...