PT. SARASWANTI ANUGERAH MAKMUR

PT Saraswanti Anugerah Makmur Tbk (SAMF) was established in the province of East Java in 1998, based on the Deed of Establishment No. 15 dated June 18th, 1998, before Titiek Lintang Trenggonowati, S.H., Notary in Surabaya, and has been approved by the Minister of Justice of the Republic of Indonesia, Decree No. C2-17,036 HT.01.01.TH.98 dated October 5th, 1998, and registered at the Office of the Regional Head of the Ministry of Industry and Trade of East Java Province No. 159/BH.12.01/I/99 dated January 13th, 1999.

The Company, which is engaged in the production and distribution of non-subsidized NPK fertilizers, has 3 (three) subsidiaries with 5 (five) factories spread across East Java, North Sumatra, and Central Kalimantan.

To reach and make it easier for consumers to obtain information about fertilizers, SAMF has 12 marketing offices spread across 12 cities in Indonesia, namely in Banjarbaru, Balikpapan, Makassar, Pontianak, Sampit, Yogyakarta, Jakarta, Surabaya, Pekanbaru, Jambi, Medan, and Palembang.

With the ticker code of SAMF, PT Saraswanti Anugerah Makmur Tbk started a new big step by becoming a public company and was listed on the Indonesia Stock Exchange on March 31^st, 2020, with a total of 775,000,000 shares offered to the public or 15.12% of the total shares offered to the public from issued and fully paid-up capital after the Initial Public Offering. This new step taken by the Company succeeded in raising funds of Rp93 billion, allocated for capital expenditures and other working capital needs.