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PT Tiga Pilar Sejahtera Food Tbk is an Indonesian company engaged in the food sector. The company has three main business segments: food processing, rice processing and palm oil. The company is a market leader in Indonesia regarding dry vermicelli and dry noodles. Other food products include biscuits, candy, and snacks.
|Industry Sector||Consumer Goods Industry|
|Industry Sub Sector||Food and Beverages|
|Established||26 January 1990|
|Listed||11 June 1997|
|Listed Company Code||AISA|
|Major Shareholders (>5%)||Tiga Pilar Corpora (14.77%)
JP Morgan Chase Bank (9.33%)
Permata Handrawina Sakti (9.20%)
Trophy 2014 Investor Limited (9.09%)
Primanex Limited (6.60%)
Primanex Pte Ltd (6.59%)
Morgan Stanley and Co LLC (6.52%)
|Key Subsidiaries||Tiga Pilar Sejahtera
Putra Taro Paloma
Stock Quote Tiga Pilar Sejahtera Food - AISA:
Tiga Pilar Sejahtera Food was originally only engaged in the food business but expanded to oil palm plantations in 2008. However, the food segment remains the main contributor to the company’s sales. The company continues to expand its food business by acquiring other companies, such as Subafood Pangan Jaya (engaged in the production of corn vermicelli with several famous brands such as Subahoon and Cap Tanam Jagung), and acquired the brand TARO at the end of 2011.
Through several subsidiaries Tiga Pilar Sejahtera Food is engaged in palm oil plantations and mills. In 2014 it acquired Golden Plantation with the objective to make Golden Plantation the sub-holding of the companies under the palm oil division of the company, replacing Bumiraya Investindo.
At the start of 2015, the company's annual rice production capacity reached 480,000 tons, with its rice mills located in West Java and Central Java.
Tiga Pilar Sejahtera Food's Financial Highlights:
in billion IDR rupiah, unless stated otherwise
¹ in IDR rupiah
Source: Tiga Pilar Sejahtera Food, Annual Report 2016
Wisma Alun Graha 1st Floor, Suite 110
Jalan Prof. Dr. Soepomo No. 233
South Jakarta - 12870
Phone: +62 21 831 8775
Fax: +62 21 835 1215