Sreeya Sewu Indonesia Tbk.

Brief of Company Background

With four subsidiaries operating in the same line of business, the company has developed into an integrated chicken enterprise with operations ranging from commercial chicken farming to fastfood restaurants. The four subsidiaries are all majority owned by the company. Sierad Feedmill, which is 99.99% owned by the company, operates a feedmill in Balaraja, West Java, Dwipa Mina, 99% owned, produces fish flour for raw material in feedmill operations, Sierad Biotek, in which the company holds a 98% stake, produces veterinary medicines, and Sierad Pangan, 99% owned, operates a fast food chain. Sierad Pangan in turn owns several subsidiaries operating fast food chains in Indonesia and other countries, including Wendi Citarasa in Indonesia and Coyden Food Asia Pte Ltd in Singapore. The Sierad Group supplies chicken to the Wendy chain, Kentucky Fried Chicken, California Fried Chicken, and Arby. In 1997, the company sold 11,859 tons of live chickens, 4,313 tons of processed chicken, and 361,040 tons of chicken feed. The Sierad Group also operates a commercial farm in Cikujang, Sukabumi, producing 20 thousand day old chickens (DOCs) per annum. Marketing and distribution of Sierad Group products are handled by Sierad Corporation, also a member of the group. On February 22, 1998 the warehouse owned by PT Sierad Feedmill, a subsidiary of the company, was razed by fire. The burned warehouse had a measurement of 1,500 square meters and was located on a land of 6 hectares in Balaraja, Tangerang

Shareholder List

Management