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May 03, 2015 9:52 PM ET

Food Products

Company Overview of PT Tiga Pilar Sejahtera Food Tbk

Company Overview

PT Tiga Pilar Sejahtera Food Tbk engages in food manufacturing, rice milling, and palm oil plantation businesses in Indonesia. The company offers dried noodles and vermicelli; corn vermicelli under the Subahoon dan Cap Tanam Jagung brand name; and biscuits, candies, and snacks. It also manufactures and sells rice under the Ayam Jago, Desa Cianjur, Rojolele Dumbo, Rumah Adat, Istana Bangkok, and Nona Holland brands; and owns palm oil plantations. In addition, the company is involved in the electric power plant, development, distribution, trading, agency, industry, land transportation, agriculture, printing, and service businesses. PT Tiga Pilar Sejahtera Food Tbk was founded in 1959 and is he...

Alun Graha Building

1st Floor

Jl. Prof. Dr. Soepomo, SH No. 233

Tebet

South Jakarta,  12870

Indonesia

Founded in 1959

4,040 Employees

Phone:

62 21 831 8775

Fax:

62 21 835 1215

Key Executives for PT Tiga Pilar Sejahtera Food Tbk

PT Tiga Pilar Sejahtera Food Tbk does not have any Key Executives recorded.

PT Tiga Pilar Sejahtera Food Tbk Key Developments

Tiga Pilar Sejahtera Food Seeking Acquisition Of Hanoimilk

PT Tiga Pilar Sejahtera Food Tbk (JKSE:AISA) is seeking acquisition of Hanoimilk JSC (HASTC:HNM). Sjambiri Lioe, Finance Director of Tiga Pilar Sejahtera Food, said that negotiations with Hanoimilk would be completed shortly. Hanoimilk is reportedly planning to invest $80 million in food producers in Vietnam and Malaysia, Vietstock.vn quoted Asian-agribiz as saying.

PT Tiga Pilar Sejahtera Food Mulls IPO Of Rice Unit

PT Tiga Pilar Sejahtera Food Tbk (JKSE:AISA) is seeking an initial public offering of its rice unit in 2018, Tiga Pilar Sejahtera Food’s Finance Director Sjambiri Lioe disclosed.

Tiga Pilar To Enter Into Vietnamese And Malaysian Markets

PT Tiga Pilar Sejahtera Food Tbk (JKSE:AISA) is planning to stakes in a Vietnamese food company and a Malaysian food company in 2015. Tiga Pilar is allocating $80 million for the expansion and will spend $40 million in each country. Sjambiri Lioe, Director of Tiga Pilar said that Tiga Pilar will buy a stake between 90%-100% in the Vietnamese company and a majority stake in Malaysian company. Sjambiri further told that they have started negotiations with both the potential targets and that one of the two companies is a biscuit manufacturer. Negotiation with the Vietnamese company is expected to close shortly while the negotiation with the Malaysian company is at an early stage. Sjambiri also told that Tiga Pilar will sell the products of both the companies in Indonesia in addition to selling them in their respective countries. Tiga Pilar is also looking to acquire a beverage company and hopes to sign an agreement in the first quarter of 2015. Tiga Pilar allocated $79 million in capital expenditure for 2015.

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