Wicaksana Overseas International Tbk.
| Code | : | WICO |
| Name | : | Wicaksana Overseas International Tbk. |
| Type | : | Emiten |
|
Address |
|
Businnes | : | Distributor |
| Sector Code | : | D. Consumer Non-Cyclicals |
| Sector Name | : | D1 |
| Industry | : | D11 |
| Sub Industry | : | D112 |
|
Company Status | : | PMDN |
|
Foundation Status | : | 1973-01-19 |
Brief of Company Background
The Company began its business with the establishment of PT Djangkar Djati in Medan, North Sumatera in 1964 for importing and exporting consumer goods to Singapore.Based on the article 3 of the Companys Articles of Association, the scope of activities of the Company comprises of trade, including export and import trade, either own trade or trade based on commission, construction, industry, workshop, transportation, agriculture and printing.Since 1973, the business was also expanded to a wider range of products such as snacks, beverages, milk powder, instant noodle, personal care, cosmetics, medicine, household products and cooking oil.In line with the increasing number of product varieties, the Company also expanded its distribution areas to big cities in Sumatera, Java and Kalimantan. In that year, the distribution business was transferred to PT Wicaksana Overseas Import, which in 1992 changed its name to PT Wicaksana Overseas International (the Company).In 1994, the Company conducted a public offering of 20,000,000 shares with a par value of Rp1,000 per share to the public at price of Rp3,250 per share. Up to December 1995, the proceeds from the IPO have been fully used in conformity with the Company’s plan at the time of listing. The Company has executed a stock split from the nominal value of Rp1,000 to Rp500 which was listed as from September 9, 1996. In 1997, the Company capitalized a substantial portion of the additional paid-in capital to capital stock with the proportion of 50 old shares for 34 new shares.On November 22, 2000, the Company, through a limited offering without pre-emptive rights (Right Issues) in accordance with the Capital Market Supervisory Agency (Bapepam) Rule No. IX.D.4, attachment to the Decision Letter of the Chairman of Bapepam No. Kep-44/PM/1998 dated August 14, 1998, converted its bank loans amounting to US$9,349,799 to the Company’s shares, wherein every US$1 obtains six (6) shares or in total amounting t
Shareholder List
| NO | Shareholder Name | Percentage |
|---|
Management
