Profil Perusahaan

Multi Bintang Indonesia Tbk.

Code : MLBI
Name : Multi Bintang Indonesia Tbk.
Type : Emiten

Address

Businnes
: Beverages
Sector Code : D. Consumer Non-Cyclicals
Sector Name : D2
Industry : D21
Sub Industry : D211

Company Status
: PMDN

Foundation Status
: 1929-06-03

Brief of Company Background

The Companys long history began in Medan in 1929 with the establishment of NV Nederlandsch-Indische Bierbrouwerijen. The first brewery was located in Surabaya and officially began commercial operations on 21 November 1931. In 1936, the Company relocated its domicile from Medan to Surabaya, Heineken became the major shareholder of the Company and the Companys name was changed to N.V. Heineken's Nederlandsch-Indische Bierbrouweerijen Maatschappij. In 1951, the the name of the Company changed again, to Heineken's Indonesische Bierbrouwerijen Maatschappij NV.To accommodate the Companys growth, a second brewery was built in Tangerang in 1972, and in the same year, the Company underwent another change of name, becoming P.T. Perusahaan Bir Indonesia. The second brewery began operating a year later, in 1973. On 1 January 1981, the Company took over P.T. Brasseries de l'Indonesia, which produced beer and soft drinks in Medan. To reflect the growth of the business and the acquisition, the Company's name was changed to PT Multi Bintang Indonesia on 2 September 1981, and Jakarta became its new domicile. The Company also listed its shares for the first time on the Indonesia Stock Exchange (IDX).In 1997, the brewing operation in Surabaya was relocated to Sampang Agung, East Java, where a new brewery was built. In 2010, Asia Pacific Breweries Limited (APB) of Singapore acquired Heineken International BV (HIBV)’s majority stake in the Company. However, in September 2013, HIBV regained its status as the majority shareholder of the Company, when it acquired a majority stake in the Company.In 2014, Multi Bintang passed another milestone by building a new state-of-the-art plant for non-alcoholic beverages in Sampang Agung. With an investment of around Rp210 billion, the new plant was built in only 9 months and officially began operation in August 2014.With its long histor



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Management