
PT BISI International

BISI has three subsidiaries; (1) PT Tanindo Intertraco which distributes and markets hybrid corn, rice and vegetable seeds and agri-related products, (2) PT Multi Sarana Indotani which manufactures pesticides, and (3) PT Tanindo Subur Prima which distributes and markets only vegetable seed imported from Chia Thai Seed Co Ltd.
On May 11, 2007, the company had been obtained the Effective Statement Letter from the Chairman of the Capital Market Supervisory Agency and Financial Institutions to conduct an initial public offering/IPO 900 million shares with a share to the public through the Indonesian Stock Exchange (BEI) at the offering price of Rp200 (full amount) per share. The Company's shares issued and fully paid 3 trillion shares have been listed on the BEI. Nowadays, Indonesia is no longer self-sufficient in food sector. So, Indonesia still import rice or corn from abroad. Therefore, public expected agriculture company to enter the capital market. The purpose is to make agriculture company active in the trading of stock.

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