May 02, 2010

I. COMPANY PROFILE (NEW!!)




PT BISI International Tbk is Indonesia’s largest producer of hybrid seeds for corn, rice, and fruits and vegetables, a major Indonesian producer of pesticides and a distributor of fertilizer, which established in 1983. The Company’s head office is located in Sidoarjo, East Java, with its plant located at Desa Sumber Agung, Kediri, East Java. The Company was founded by the Charoen Pokphand Group, and has an operating track record of 24 years. BISI maintains a nationwide operational footprint for research and development, production, marketing, distribution and sales.


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.

This graphic shows the growth of stock in Bisi International from the first time they joined Capital Market on May 11, 2007 until now. We can see that, the graphic was increased and decreased constantly. Although, the stock price decreased after middle of 2008, it not decreased sharply but step by step so it reduced the risk of investment.

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