Is there any public company that headquartered at Padalarang, Bandung Barat, Jawa Barat? Established more than 60 years and have hi-tech machines in the regional industry? Yes, there is one. If you have tried or heard Buavita, Teh Kotak, Sari Asem Asli, and Sari Kacang Ijo? Even though Buavita is already sold to PT Unilever Indonesia (UNVR), in fact, the company’s main product is milk. What is it?
PT Ultrajaya Milk Industry & Trading Company Tbk (ULTJ) produces aseptic beverages, long-life foods, and dairy products for both domestic and international markets. This company shares owned by PT Prawirawidjaja Prakarsa (21.40%), Sabana Prawira Widjaja (32.12%), and PT Indolife Pensiontama (14.19%), the rest is publicly traded. The current President Director is Sabana Prawirawidjaja and the board of Commissioner led by Supiandi Prawirawidjaja. IPO-ed on 02 July 1990 with the initial price of IDR 7.500/share with PT Multicor Bapindo, PT Finconesia, PT MIFC as the underwriters. This company had stock split (1:4) on 15 Aug 2017.
Key Financial Statistics
Highlight of 2020
Nominee at Investor Awards in market capitalization of IDR 5-20 T.
Hopemity – Buy Rating – 1.725