TURUNAN: Company History : Indofood

1990

1994

1995

1996

1997

Established
as PT. Pangan
Jaya Intikusuma
(PJIK)

PJIK merged
with 18 other
companies within
the Indofood
Group and
subsequently
changed its
name to
PT. Indofood
Sukses Makmur

List its 763
million issued
and paid-up
shares at
Jakarta and
Surabaya
Stock Exchange
with par value
of Rp 1,000
per share

Aquisition of
Bogasari Flour
Mills and its
related assets
& liabilities

Stock split 1 to
2, change of
par value from
Rp.1,000 to
Rp.500 per
share

	Acquisition of 80% equity ownership in oil palm plantation, edible oils and fats, and distribution companies
	Launched 1st Rights Issue totaling 305,200,000 shares : one share for every five shares held

1999

2000

2001

2002

2003

40% of its
shares was
acquired by
First Pacific Co.
Ltd.(FP), Hong
Kong through
CAB Holdings
Ltd.

Launched 1st
"Five years
Rupiah Bond"
of Rp.1 trillion

Appointment
of two
Independent
Commissioners

Stock split 1 to
5, change of par
value from
Rp. 500 to
Rp. 100 per
share

Commencement
of scripless
trading

Additional 8%
of its shares
was acquired
by FP Hong
Kong making
a total
shareholdings
of 48%

Shareholders´
approval on
ShareBuyBack
(max10%)
and ESOP
(max.5%)

Launched "Five
yearsUS$Bond"
of US$ 280
million

Appointment of
two additional
Independent
Commissioners

Completion of
Share Buy Back
(10%)

1st Stage of
ESOP (2.5%)

Launched 2nd
"Five Years
Rupiah Bond"
of Rp.1.5 trillion

TURUNAN