PT Holcim Indonesia Tbk.
(Formerly PT Semen Cibinong Tbk) Cement
Head Office Jamsostek North Tower Building 15th Floor Summary of Financial Statement
Jl. Jend. Gatot Subroto Kav. 38
Jakarta 12930, P.O. Box 1197/JKT (Million Rupiah)
Phone (021) 5296-2011 2006 2007 2008
Fax (021) 5296-2022, 5296-2030
Website: www.holcim.co.id
Factories - Narogong, Cileungsi, Bogor 16820
Phone (021) 823-1260
Fax (021) 823-1256
Karang Talun, Cilacap 53201
Phone (0282) 41521, 41522
Fax (0282) 42928
Business Cement
Company Status PMA
Financial Performance: The Company went trough year
2008 with a better performance than in 2007. The Company
booked net income of IDR282.220 billion in 2008, jumped from
IDR169.410 billion in 2007. The Company booked net sales at
IDR4.803 trillion versus IDR3.754 trillion in 2007.
Brief History: Founded in 1971, the company owns a
factory in Narogong, West Java, with a production capacity of
3 million tons per annum. The company’s product is marketed
under the Kujang brand. In 1988 Kaiser Cement & Gypsum
Corporation and the International Finance Corporation sold
their 49% of shares in the company to PT Tirtamas Majutama,
a diversified trading and industrial concern. The company has
100% shares of PT Semen Nusantara; a cement company based
in Cilacap, Central Java, with a production capacity of 1.5 mil-
lion tons per annum, marketed under the Borobudur temple
brand. In 1996, the company issued Floating Rate Notes (FRN)
worth US $ 150 million, which was listed in Hongkong and
Luxembourg’s stock exchanges. The FRN issue was done by
Cibinong International Finance Company BV, an affiliate in the
Netherlands, with an interest of 1.5 % above LIBOR. The funds
will be used to build a cement factory in Narogong, West Java.
Presently, the company has a production capacity of 7.1 million
tons per annum. Starting in 1998, the company will expand its
factory, that already has a capacity product of a million tons per
annum in Myanmar. This joint venture will cost around US $
210 million and 70% of its shares will be held by the company.
Shareholders
Holderfin B.V. 77.33%
Public 22.67%
278 Indonesian Capital Market Directory 2009
PT Holcim Indonesia Tbk.
(Formerly PT Semen Cibinong Tbk) Cement
Board of Commissioners Board of Directors
President Commissioner Paul Heinz Hugentobler President Director Eamon John Ginley
Vice President Commissioner Thomas Ashley Clough Directors Patrick Walser, Jannus O. Hutapea, M. Fazri Yulianto,
Commissioners Arief Tarunakarya Surowidjojo, Renee Zecha, Olaf Nahe, Rully Safari, Lilik Unggul Rahardjo
Kuntoro Mangkusubroto, Kemal Azis Stamboel Derek Williamson
Number of Employees 2,670
No Type of Listing Listing Date Trading Date Number of Shares Total Listed
per Listing Shares
1 First Issue 1977 1977 178,750 178,750
2 Additional Listing 1977 1977 81,510 260,260
3 Additional Listing 1978 1978 70,000 330,260
4 Additional Listing 1979 1979 11,856 342,116
5 Second Issue 1982 1982 214,980 557,096
6 Company Listing 1989 1989 3,017,904 3,575,000
7 Split & Bonus 1989 1989 50,050,000 53,625,000
8 Third Issue 1990 1990 14,000,000 67,625,000
9 Fourth Issue 1993 1993 23,600,000 91,225,000
10 Right Issue 1994 1994 72,980,000 164,205,000
11 Stock Split 1997 1997 164,205,000 328,410,000
12 Bonus Shares 1997 1997 821,025,000 1,149,435,000
13 Additional Listing 2001 2001 6,513,465,000 7,662,900,000
Underwriter PT Pentasena Arthasentosa
Stock Price, Frequency, Trading Days, Number and Value of Shares Traded and Market Capitalization
Stock Price and Traded Chart
Institute for Economic and Financial Research 279
PT Indocement Tunggal Prakarsa Tbk. Cement
Head Office Wisma Indocement 8th Floor Summary of Financial Statement
Jl. Jenderal Sudirman Kav.70-71
PO BOX 4018 JKT 10040 (Million Rupiah)
Jakarta 12910 2006 2007 2008
Phone (021) 251-2121, 252-2121
Fax (021) 251-0066, 570-5886
Homepage: www.indocement.co.id
E-mail: corpsec@indocement.co.id
Factories - Jl. Mayor Oking Jaya Atmaja
Citeureup, Bogor, Jawa Barat 16810
Phone (021) 875-2812, 875-4343
Fax (021) 875-2956
- Jl. Raya Palimanan, Km. 20
Cirebon 45161, Jawa Barat
Phone (0231) 343-232, 343-760, 343-923
Fax (0231) 343-617
- Desa Tarjun, Kelumpang Selatan
Kota Baru, Kalimantan Selatan 72161
Phone (0518) 61000; Fax (0518) 61090
Business Portland Cement Industry, Packaging
White Cement, Stored and Conversion Coal
Company Status PMA
Financial Performance: The Company recorded net in-
come at IDR1.745 trillion in 2008, surging from IDR980 bil-
lion in 2007. The net profit increase was supported chiefly by
higher net revenue which climbed up to IDR9.780 trillion from
IDR7.323 trillion.
Brief History: The company’s history begins in 1973 with
the incorporation of PT Distinct Indonesia Cement Enterprise
by the Liem investors. This plant complete in 1975, started pro-
duction with an installed capacity of 500,000 tons per year. Fol-
lowing the commercial success of this first plant, seven more
plants were added over the years. All eight plants were then
managed by six different business entities. The current entity
was established on January 1985 as a holding company to ac-
quire and merge the eight plants into a single business unit. On
July 1985, the Indonesian government acquired a 35% share-
holding in equity. A ninth plant was added in 1991 with the ac-
quisition of PT Tridaya Manunggal Perkasa Cement in Cirebon,
West Java. On June 1992, the company diversified into the food
sector when it acquired PT Bogasari Flour Mills, along with 51%
share in the Indofood Group. At the same time, the company
entered the property sector by acquiring Jakarta’s Wisma In-
docement office tower. Its equity participation in PT Wisma
Nusantara International has brought another office tower and
a hotel into the company’s property portfolio. The company
built it’s 9th factory worth US $ 229 million in Citeureup, West
Java, utilizing export credit and long-term loans. Total produc-
tion capacity is projected to reach 15.8 million tons per annum
in 1999. In 1996, the company has expanded to the property
sector by holding 4.39 % of PT. Royal Sentul Highlands’ share,
located in Bogor, West Java and owned by Bambang Trihat-
modjo and James Riyadi. In 2000, the company takeover PT
IndoKodeco Cement.
Shareholders
Birchwood Omnia Limited, England 51.00%
PT Mekar Perkasa 13.03%
Public 35.97%
280 Indonesian Capital Market Directory 2009
PT Indocement Tunggal Prakarsa Tbk. Cement
Board of Commissioners Board of Directors
President Commissioner DR. Albert Scheuer President Director Daniel Eugene Antoine Lavalle
Vice Commissioners Sudwikatmono, I Nyoman Tjager Vice President Director Tedy Djuhar
Commissioners DR. Lorenz Naeger, DR. Bernhard Scheifele, Directors Hasan Imer, Kuky Permana Kumalaputra,
Daniel Gauthier, Sri Prakash Nelson G. D. Borch, Daniel Robert Fritz,
Christian Kartawijaya, Benny Setiawan Santosa
Number of Employees 5,992
No Type of Listing Listing Date Trading Date Number of Shares Total Listed
per Listing Shares
1 First Issue 1989 1989 89,832,150 89,832,150
2 Cooperative 1992 1992 6,000,000 95,832,150
3 Convertible Bonds 1994 1994 8,555,640 104,387,790
4 Founders Shares 1994 1994 946,119 105,333,909
5 Bonus Shares 1994 1994 599,790,020 705,123,929
6 Company Listing 1994 1994 502,102,731 1,207,226,660
7 Stock Split 1996 1996 1,207,226,660 2,414,453,320
8 Additional Listing 2001 2001 69,863,127 2,484,316,447
9 Right Issue 2001 2001 1,196,907,072 3,681,223,519
10 Right Issue 12-May-03 12-May-03 8,180 3,681,231,699
Underwriters PT (Persero) Danareksa, PT MERINCORP, PT MULTICOR, BAPINDO
Stock Price, Frequency, Trading Days, Number and Value of Shares Traded and Market Capitalization
Stock Price and Traded Chart
Institute for Economic and Financial Research 281
PT Semen Gresik (Persero) Tbk. Cement
Head Office Gedung Utama Semen Gresik 9th-11th Floor Summary of Financial Statement
Jl. Veteran-Gresik 61122 , Jawa Timur
Phone (031) 398-1731-3 (Million Rupiah)
Fax (031) 397-2264, 398-3209 2006 2007 2008
E-mail: ptsg@sg.sggrp.com
Website: http://www.semengresik.com
Toll Free: 0800-10-88888
Factory Desa Sumberarum, Kec. Kerek,
Kab. Tuban 62356
Phone (0356) 325-001-3
Fax (0356) 322-380
Representative Office Graha Irama 11th Floor
Jl. HR. Rasuna Said, Kuningan-Jakarta 12950
Phone (021) 516-1174-5
Fax (021) 526-1176
Business Cement Production
Company Status PMDN
Financial Performance: The Company recorded net in-
come at IDR2.523 trillion in 2008, surging from IDR1.775 tril-
lion in 2007. The net profit increase was supported chiefly by
higher net revenue which climbed up to IDR12.209 trillion from
IDR9.600 trillion.
Brief History: NV Pabrik Semen Gresik was established
on March 25, 1953. On April 1, 1960, NV Pabrik Semen Gresik
was made a state enterprise company by Government Regu-
lation No. 132 of 1960 and subsequently became PT Semen
Gresik (persero).
The company’s plant located in Gresik, East Java has been
upgraded three times. The company has a new cement plant in
Tuban, East Java with an installed capacity of 2.3 million tons
per annum and expanding its plant in Gresik from 1 million tons
to 1.8 million tons. In 1992 the company established two sub-
sidiary companies to support the operation of the Tuban plant:
PT Industri Kemasan Semen Gresik, operating in manufacture
of cement bags and PT United Tractor Semen Gresik, a supplier
raw materials for cement. Since July 1994 with the completion
of the new plant in Tuban and the expansion of plant in Gresik,
the company installed capacity reached 4.1 million tons per an-
num. On July 1995 the company shareholders meeting agreed
to acquire 100% share of two state owned cement producer
companies, namely PT Semen Tonasa and PT Semen Padang.
The company has acquired funds amounting to Rp 600 billion
from PT Bahana Sekuritas, Merril Lynch and PT Danareksa. The
fund was used to construct Semen Tuban III with a production
capacity of 2.3 million tons a year. Completion is expected to
take place in 1998. In the year 2000, the company underwent
evaluation on the implementation of Good Corporate Gov-
ernance, which was performed by an independent consultant
Deloitte Touche Tohmatsu. The company has obtained an
environmental management system certificate, the ISO 14001
issued by SGS Yarsley International Certification Services Lim-
ited on February 21, 2001.
Shareholders
Indonesia Government 51.60%
Blue Valley Holdings Pte., Ltd. 25.19%
Public 23.21%
282 Indonesian Capital Market Directory 2009
PT Semen Gresik (Persero) Tbk. Cement
Board of Commissioners Board of Directors
President Commissioner Deddy Aditya Sumanagara President Director Dwi Soetjipto
Vice President Commissioner Darjoto Setyawan Vice President Director Heru D. Adhiningrat
Commissioners Setia Purwaka, Arif Arryman Directors Cholil Hasan , Suparni, Suharto, Irwan Suarly
Marwoto Hadi Soesastro
Achmad Jazidie Number of Employees 6,593
No Type of Listing Listing Date Trading Date Number of Shares Total Listed
per Listing Shares
1 First Issue 08-Jul-91 08-Jul-91 40,000,000 40,000,000
2 Partial Listing 08-Jul-91 17-May-92 30,000,000 70,000,000
3 Company Listing 02-Jun-95 02-Jun-95 78,288,000 148,288,000
4 Right Issue 10-Aug-95 10-Aug-95 444,864,000 593,152,000
5 Stock Split 07-Aug-07 07-Aug-07 5,338,368,000 5,931,520,000
Underwriters
PT Danareksa Sekuritas, PT Deutsche Securities Indonesia, PT Trimegah Securities Tbk
Stock Price, Frequency, Trading Days, Number and Value of Shares Traded and Market Capitalization
Stock Price and Traded Chart
Institute for Economic and Financial Research 283
