Astra Agro Lestari Tbk, PT
Started with the establishment of PT Astra International Agribusiness Division in 1983, with 2.000 hectares of cassava plantation which later being converted into a rubber plantation.
The cultivication of oil palm started in 1984 with the acquisition of PT Manunggal Perkasa Plantations, where at the time runs 15.000 hectares of oil palm plantation located in Riau, Sumatra.
On october 3rd 1988, PT Suryaraya Cakrawala was established and was then changed to PT Astra Agro Niaga in 1989.
In 1997 PT Astra Agro Niaga merged with PT Suryaraya Bahtera and the Company's name was changed to PT Astra Agro Lestar. On December 9th 1997, PT Astra Agro Lestari Tbk (AAL) listed its shares on both the jakarta and surabaya Stock Exchange, which are now called as the indonesian Stock Exchange, with the offering of 125.800.000 shares to public at the price of Rp.1550 per Share. At the end of the stock exchange closing in 2008, the price was RP.9800 per share.
In 2004, PT Astra Agro Lestari Tbk divested its non-oil palm plantations, which were located in south kalimantan, was released in 2008.
Currently PT Astra Agro Lestari Tbk manages more than 250.000 hectares of oil palm plantations, spreading in Sumatra, Kalimantan and Sulawesi with the average age of its plantations are 14 years, the peak productive age period. Up until the end of 2008, PT Astra Agro Lestari Tbk permanent employees were 22.105 people. (http://www.astra-agro.co.id/)
|Address:||Jl. Puloayang Raya Blok OR-I, Kawasan Industri Pulogadung|
|Fax:||(021) 461-6618, (021) 4616677|
|Website:||http://www.astra-agro.co.id/||Major Industry:||Food & Beverages|
|Exchanges:||JAK||Sub Industry:||Miscellaneous food||Currency:||Indonesian Rupiahs||Employees:||25,027|
|Fiscal Yr Ends:||December||Market Cap:||26,175,761,328,800 (IDR)|
|Share Type:||Ordinary||Share Outstanding:||1,924,688,333|
|Country||INDONESIA||Closely Held Shares:||1,254,829,952|
|Established||Listing:||9th Dec 1997|
|Closing Price:||13600 (IDR)||Data As Of:||15th Feb 2019|