Dalam rangka mematuhi peraturan yang baru, Philip Morris International Inc. akan meningkatkan rasio free float dari unit Indonesianya HM Sampoerna di Bursa Efek Indonesia (BEI) dari 1,82% menjadi 7,50%. Per Januari 2016, semua perusahaan yang terdaftar di BEI diharuskan menjual setidaknya 7,5% dari saham mereka kepada publik. Kendati begitu, saat ini Philip Morris memiliki 98,18% dari saham HM Sampoerna, manufaktur rokok terbesar di Indonesia dan salah satu perusahaan terbesar di BEI dalam konteks kapitalisasi pasar.

Lanjut baca ›

HM Sampoerna, Indonesia's largest tobacco company, decided to close two of its seven hand-rolled cigarette factories as the company needs restructuring due to its declining market share in the country's hand-rolled cigarettes industry. The market share fell from 30.4 percent in 2009 to 23.1 percent in 2013 as consumers are shifting to machine-rolled cigarettes. HM Sampoerna's hand-rolled cigarette plants in Jember and Lumajang (both in East Java) will be closed on 31 May 2014 and will lead to the termination of 4,900 employees.

Lanjut baca ›

HM Sampoerna, the largest tobacco company of Indonesia, controls about 29 percent of the Indonesian tobacco market. The company operates nine manufacturing facilities in Indonesia: two machine-made kretek production facilities as well as seven hand-rolled kretek production facilities (kretek cigarettes are the highly popular clove cigarettes, a trademark of Indonesia). The company also distributes the famous Marlboro brand on the domestic market. In 2005, Sampoerna was sold to Philip Morris, an international cigarette and tobacco giant.

Lanjut baca ›

Philip Morris Indonesia, Philip Morris International's affiliate in Indonesia, will invest USD $174 million to increase production capacity of white and clove (kretek) cigarettes. About USD $78 billion will be used to enhance production capacity at its two existing factories in Karawang (West Java), while the remaining USD $96 million will be used to establish a new factory, specifically for the production of Marlboro-branded cigarettes. This new factory will be located next to its other two factories in Karawang.

Lanjut baca ›

PT Hanjaya Mandala Sampoerna Tbk (HM Sampoerna), Indonesia's largest tobacco company, posted a 23.32 percent increase in net profit to IDR 9.95 trillion (US $1.03 billion) in 2012. Net profit per share increased to IDR 2,269 from a previous IDR 1,840 per share. Based on a financial report that was published on Friday (15/03/2013), the company's growth in net profit was largely due to a 26.05 percent increase in sales to IDR 66.63 trillion (US $6.90 billion).

Lanjut baca ›

Shareholders of the largest cigarette manufacturer of Indonesia, Hanjaya Mandala Sampoerna (HM Sampoerna), approved the company's plan to execute a 25-for-1 stock split. The move, aimed at making shares more affordable for retail investors thus boosting liquidity, will raise the company's total outstanding shares to 116.3 billion pieces. Since 2005 HM Sampoerna has been owned by international tobacco giant Philip Morris. The US-based company controls a 92.5 percent stake in HM Sampoerna.

Lanjut baca ›

One of the last decisions of the Susilo Bambang Yudhoyono administration before being replaced by the new Joko Widodo-led administration was to raise the tobacco excise by an average of 8.7 percent per 1 January 2015. This excise will be applied to all tobacco-related manufactured products. The higher excise, stipulated by a Finance Ministry decree, will boost state income and will also help to curb smoking. About 65 percent of Indonesian men smoke, supported by the cheap price of a package of cigarettes.

Lanjut baca ›