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Berita Hari Ini Herbal

  • Restart for Indonesia's Herbal Medicine Company Nyonya Meneer?

    Restart for Indonesia's Herbal Medicine Company Nyonya Meneer?

    Many Indonesians were surprised to learn that well-known herbal medicine brand Nyonya Meneer is close to bankruptcy. Nyonya Meneer is one of the oldest companies in Indonesia, going back far into colonial times, and has strong brand awareness among Indonesians. However, there may come a restart as businessman (and former trade minister) Rachmat Gobel seems committed to save the company.

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  • Listing of Sido Muncul Herbal (SIDO) on Indonesia Stock Exchange

    Listing of Sido Muncul Herbal (SIDO) on Indonesia Stock Exchange

    On Wednesday (18/12), PT Industri Jamu dan Farmasi Sido Muncul, better known as Sido Muncul Herbal, was the 30th company that became listed on the Indonesia Stock Exchange (IDX) in 2013. The company, Indonesia's largest herbal medicine producer, offers 1.5 billion shares (about ten percent of its enlarged capital) to the public for the price of IDR 580 per share, thus aiming to generate IDR 8.7 trillion (USD $72.5 million) from today's initial public offering (IPO).

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  • Indonesia´s Largest Herbal Medicine Producer SidoMuncul Plans IPO

    SidoMuncul Herbal, Indonesia´s largest herbal medicine producer, is expected to conduct an initial public offering (IPO) on the Indonesia Stock Exchange (IDX) in the fourth quarter of 2013. The company, established in 1951, is a fully-modernized herbal company that strives to produce and market products that support the people´s health and well-being. The company will release 20 percent of its shares on the IDX and targets to raise IDR 1.5 trillion (USD $130 million). Kresna Securities acts as underwriter for the IPO.

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