This Rights Issue was the largest-ever secondary placement in Southeast Asia and the largest equity offering in Indonesia since 2008. It attracted both domestic and foreign investment, with the capital from foreign investors translating into other currency inflows into the country, demonstrating confidence in the Indonesian economy and its stock market. As a result, Sampoerna’s market capitalization of Rp. 483.883 trillion (USD 32,101 billion) as of January 27, 2016, is now the largest market capitalization of any firm in Indonesia.
In its written remarks, FinanceAsia praised Sampoerna's success in carrying out the Rp. 20.768 trillion (USD 1.5 billion*) Rights Issue despite weak Indonesian economic conditions in 2015. "Sampoerna nonetheless managed to attract more than USD 700 million of international fund money."
Mr. Janelle expressed his appreciation for the award presented by FinanceAsia, an institution with an international reputation for its reporting on the Asian capital and financial markets for the past 20 years.
“Sampoerna was founded in Surabaya in 1913 and we have grown our business both through the dedication of our tens of thousands of talented Sampoerna employees and our close partnership with the millions of Indonesian retailers, tobacco farmers and clove growers. We are proud to be part of the fabric of Indonesia and this FinanceAsia award inspires us to work even harder for all of our adult-smokers, business partners and shareholders,†said Mr. Janelle.
With payments of approximately Rp. 67 trillion in 2015, Sampoerna is the largest taxpayer in Indonesia.
In December 2015, Sampoerna celebrated the full inclusion of HMSP shares on the Indonesian Stock Exchange (IDX) Index Listing. Sampoerna’s shares have also been included in the Morgan Stanley Composite Index (MSCI) since 2015.
About PT HM Sampoerna Tbk.
Founded in 1913, PT HM Sampoerna Tbk. (Sampoerna) is a leading tobacco company in Indonesia, with its main activities including the production and sales of clove cigarettes. Sampoerna held a 34.9% market share in 2014, boosted by its strong brand portfolio, including Dji Sam Soe and A Mild in the premium segment, and Sampoerna Kretek and U Mild in the mid-price segment. Sampoerna operates seven production facilities in Java and partners with 38 Third Party Operators. Sampoerna, both directly and indirectly, employs approximately 78,000 employees, most of whom are involved in the production of Sampoerna's Hand-Rolled Clove Cigarettes. The Company distributes its products via 106 Sales and Distribution Area Offices across Indonesia. Sampoerna is an affiliate of PT Philip Morris Indonesia and part of Philip Morris International Inc.
For further information please visit: www.sampoerna.com
Media Contact:
Elvira Lianita
Head of Regulatory Affairs, International Trade, & Communications
PT HM Sampoerna Tbk.
Tel. +62 21 515 1234
Fax. +62 21 515 2234
Email elvira.lianita@sampoerna.com
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* at prevailing exchange rates on the closing date.
Reporter: PR Wire
Editor: PR Wire
Copyright © ANTARA 2016
