PROFILE ISSUER

Adhi Karya (Persero) Tbk, PT

Description:

The history of ADHI began 46 years ago when the Minister of Public Works, through a Decision Letter dated March 11, 1960, established a construction service company to accelerate the development of Indonesia. One year later, ADHI was officially sanctioned as PN Adhi Karya, based on Government Regulation No. 65 of 1961. In the same year, a former Dutch construction company was nationalized and merged into PN Adhi Karya.

ADHI's status as a state-owned enterprise was later changed to a limited liability company in 1974. The Articles of Association were then sanctioned by the Indonesian Minister of Justice.

In 2003, the Company's Article of Association have been amended several times during the initial public offering, the Company's name was then changed into PT Adhi Karya (Persero) Tbk. in line with the issuance of ADHI's shares of 45% to the public and become the first state-owned enterprise registered in the Jakarta Stock Exchange and the Surabaya Stock Exchange (now merged into Indonesia Stock Exchange).

Now ADHI has extended its projects to several Middle Eastern countries. This has strengthen its position to become a true champion in the construction service business and a choice in the EPC as well as investment in the field of infrastructure in Indonesia and several selected countries. (http://www.adhi.co.id)

Security: ADHI
Address: Jl. Raya Pasar Minggu Km. 18
Phone: (021) 797-5312
Fax: (021) 797-5311
Website: http://www.adhi.co.id/ Major Industry: construction
Exchanges: JAK Sub Industry: CONSTRUCTION
Currency: Indonesian Rupiahs Employees: 986
Fiscal Yr Ends: DECEMBER Market Cap: 7,370,958,208,320 (IDR)
Share Type: ORDINARY Share Outstanding: 3,560,849,376
Country INDONESIA Closely Held Shares: 926,665,024
Established 1st Jun 1974 Listing: 18th Mar 2004
Closing Price: 2070 (IDR) Data As Of: 19th Sep 2017