Pudjiadi & Sons Tbk.
| Code | : | PNSE |
| Name | : | Pudjiadi & Sons Tbk. |
| Type | : | Emiten |
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Address |
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Businnes | : | Hotel |
| Sector Code | : | E. Consumer Cyclicals |
| Sector Name | : | E5 |
| Industry | : | E51 |
| Sub Industry | : | E512 |
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Company Status | : | PMDN |
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Foundation Status | : | 1970-12-17 |
Brief of Company Background
The company started its commercial operations in 1970. The companys scope of activities is mainly in the hotelier business with all the facilities and infrastructures, such as accommodation, office, shopping mall, apartment, recreation place, and entertainment in the location of hotel. Following expansion undertaken in 1976 the Jayakarta Hotel was renamed Jayakarta Tower. The hotel has had a four star rating since 1989, and the company had undertaken a further expansion, bringing the total number of rooms to 435. At the end of July 1991, the company expanded its business to found PT PNS Investment located in Dallas, Texas, USA, which owned the Radisson Central Hotel. The Radisson Central Hotel has 288 rooms while the Twin Sixties Tower Building has a rentable floor area of 224.7 Square feet. The company also grew by taking over Anyer Beach Hotel, comprising 35 bungalows with 106 rooms, and Cisarua Mountain Hotel in West Java, comprising 13 bungalows with 38 rooms. On February 1998, the company sold Radisson Hotel in Dallas, USA, for US$ 29 million. This transaction could strengthen the capital structure of the company and therefore it might record a net profit of Rp 3.54 billion. In June 1999, the company explained that on Dec
Shareholder List
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Management
