We are formerly known as PT Dyviacom Intrabumi Tbk, focused primarily on the consumer and retail industries in Indonesia. In June 2013, we conducted a rights offering in Indonesia and raised Rp.7.0 trillion (U.S.$705.0 million) by offering new shares. Following this new shares issue we acquire strategic interests in two public and a private companies operating in the Indonesian consumer retail and food industries, we then changed our name to PT Indoritel Makmur Internasional Tbk to reflect the Acquisitions and the change in our business focus from the provision of internet services to become an investment holding company focused primarily on the consumer and retail industries in Indonesia. Subsequent to the Rights Offering, our controlling shareholder is PT Megah Eraraharja.
Today, we have strategic interests in the following public and private companies operating in the Indonesian consumer retail and food industries:
- Indomaret: We acquired a 40.00% interest in Indomaret, Indonesia`s largest minimarket operator by number of stores. According to Frost & Sullivan, Indomaret has a market share of 35.5% of the minimarket sector as of December 31, 2012 based on sales revenue and a 32.4% market share based on number of stores.
- ROTI: We acquired a 25.77% interest in ROTI from Treasure East Investment Limited, who is now also a shareholder of the Company. ROTI is the largest bread manufacturer in Indonesia, with approximately 92% market share of the mass bread market in Indonesia as of December 31, 2012, according to Frost & Sullivan.
- FAST: We acquired a 35.84% interest in FAST from PT Megah Eraraharja, who is now also a controlling shareholder of the Company. FAST has the exclusive rights to operate KFC restaurants in Indonesia. FAST operates KFC restaurants under the Franchise Agreements with YUM! as the franchisor. FAST is Indonesia`s largest QSR chain with more than 50% customers` share of visits according to BITS conducted by a research firm commissioned by YUM! and had a 28.8% market share in the chained QSR market in 2012 based on sales revenue according to Frost & Sullivan.
In addition to our investments in the Associate Companies, we continue to engage in internet-related businesses, consisting of information technology consulting services relating to internet infrastructure networks and network security systems and management of an online business portal, Ogahrugi.com, which provides our users with various products and services at attractive discounts. Indoritel Makmur Internasional
In 2017, the Company carried out the social and community development
program by rennovating SDN Negeri 1 Cibuah, Warung Gunung, Lebak Banten.
By distributing donation for renovation worth Rp100 million in the form
of school renovation construction and school supplies, this Company’s
CSR program is dedicated to the education world, which aims to foster a
representative world of education with the conditions of global progress
nowadays. The renovation of school building was expected to bring a
comfortable, safe and clean school environment for students and
teachers.
In 2018, the Company implemented a social and community development program through a scholarship program for outstanding and also a school renovation that was implemented on December 13, 2018 at Ketapang Elementary School, Cipondoh, Tangerang. The company provides scholarships to 15 outstanding students and also distributed donation for school renovations with a total to these two programs worth Rp118 million.
In 2019, the Company implemented a social and community development program in the forms of providing school renovation assistance as well as scholarships for high achieving students at SMAN 2 Tangerang City. In addition, the Company through FiberStar also implemented the philanthropic assistance program through the FiberStar Peduli movement. FiberStar contributed in providing assistance for victims of natural disaster, such as the tsunami disaster in Banten. Assistance provided include ready to wear clothing, food, drink, daily necessities, as well as medicines. In addition, through the same program, FiberStar also channeled assistance in the form of education funds provision at the Parapattan Orphanage, as well as assistance for communities with special needs, in collaboration with the Kopi Panas Foundation. Indoritel Makmur Internasional DNET
