Ito Warsito, General Director at the IDX, said that there are still 40 listed Indonesian companies that are yet to comply with the new requirement. Currently, HM Sampoerna is for 98.18 percent owned by Philip Morris Indonesia, the Indonesian unit of US cigarette giant Philip Morris International. The remaining 1.82 percent of HM Sampoerna's outstanding shares are publicly traded. HM Sampoerna has a total market capitalization of about IDR 285 trillion (USD $22 billion) making it the country’s fifth-largest company in terms of market capitalization among companies listed on the Indonesia Stock Exchange. However, its market capitalization has declined from end-2014 when it was still the third-largest company. Shares of HM Sampoerna have fallen 5.1 percent in 2015 (up to 16 February) due to several recent developments in the country’s tobacco sector. Per 1 January 2015 Indonesia raised the tobacco excise (applied to all tobacco-related manufactured products) by an average of 8.7 percent. Earlier, in June 2014, the government required that graphic warnings are mandatory on cigarette packages in a move to discourage smoking in Indonesia. Therefore, it is clear that the government tries to limit companies’ profitability in the country’s tobacco industry. In May 2014 it was reported that HM Sampoerna decided to close two of its seven hand-rolled cigarette factories as the company felt the need to restructure as it saw its market share declining in the country's hand-rolled cigarettes industry. Its market share fell from 30.4 percent in 2009 to 23.1 percent in 2013 because consumers are shifting toward machine-rolled cigarettes.

Stock Quote HM Sampoerna - HMSP:

Top Market Capitalization at end-2014:

Company   Market Capitalization
Bank Central Asia          IDR 320 trillion
Astra International          IDR 301 trillion
HM Sampoerna          IDR 295 trillion
Telekomunikasi Indonesia          IDR 289 trillion
Bank Rakyat Indonesia          IDR 285 trillion
Bank Mandiri          IDR 249 trillion
Unilever Indonesia          IDR 246 trillion
Perusahaan Gas Negara          IDR 145 trillion
Gudang Garam          IDR 117 trillion
Bank Negara Indonesia          IDR 113 trillion

Source: Neraca

Further Reading:

HM Sampoerna Studying Higher Free Float on Indonesia Stock Exchange
Indonesian Tobacco Products Subject to Excise Tax Hike in January 2015
Higher Cigarette Excise; Indonesia’s Tobacco Industry in Trouble?
Indonesian Tobacco Giant Sampoerna Shuts down Two Cigarette Plants
Revenue or Health: Dilemma of Curbing Indonesia's Tobacco Consumption