Semen Indonesia is an Indonesian cement company established in
1957 in Gresik, with the name NV Semen Gresik. In 1991, PT Semen Gresik
was the first state-owned company to go public on the Indonesia Stock
Exchange. Furthermore, in 1995, PT Semen Gresik (Persero) Tbk
consolidated with PT Semen Padang and PT Semen Tonasa which became known
as Semen Gresik Group.
On January 7, 2013, PT Semen Gresik (Persero) Tbk transformed
into PT Semen Indonesia (Persero) Tbk, and acted as a strategic holding
company that oversees PT Semen Gresik, PT Semen Padang, PT Semen Tonasa adn Than Long Cement Company
On January 31, 2019, PT Semen Indonesia (Persero) Tbk through its
subsidiary PT Semen Indonesia Industri Bangunan (SIIB) has officially
acquired 80.6% ownership of Holderfin B.V. placed and paid for at PT
Holcim Indonesia Tbk. Furthermore, on February 11, 2019, through the
mechanism of the Extraordinary General Meeting of Shareholders, the
change of name of PT Holcim Indonesia Tbk has been approved to become PT Solusi Bangun Indonesia Tbk Semen Indonesia (SMGR)
Semen Indonesia (SMGR)