Profil PT Langgeng Makmur Industri Tbk

Profil Perusahaan / Lembaga: PT Langgeng Makmur Industri Tbk
Deskripsi Perusahaan / Kelembagaan:

PT Langgeng Makmur Industri Tbk (“the Company”) started its commercial operations in 1976 with a manufacture of plastic houseware. The Company expanded its business by producing aluminium kitchenware in 1980, then PVC pipe in 1987. In 1996, the Company started the expansion for manufacturing of non-stick aluminium cookware which promoted high quality products.

The Company was established under the Domestic Capital Investment Law No. 6 of 1968 as amended by Law No. 12 of 1970, based on the Notarial Deed No. 40 dated November 30, 1972 of Kho Boen Tian, S.H., which was amended by Notarial Deed No. 3 dated January 7, 1976 of the same notary concerning the change in the Company's name from PT Langgeng Jaya Plastic Industry Ltd., to PT Langgeng Makmur Plastic Industry Ltd. The deed of establishment and its changes were approved by the Ministry of Justice in its Decision Letter No. Y.A 5/39/11 dated January 24, 1976 and was published in the State Gazette No. 62 Supplement No. 706 dated August 4, 1987. Based on Notarial Deed No. 450 dated June 27, 1997 of Adam Kasdarmadji, S.H., the Company's name has been changed, to PT Langgeng Makmur Industri Tbk, which was approved by the Ministry of Justice of the Republic of Indonesia in its decision letter No. C2- 6.500 HT.01.04 TH.97 dated July 10, 1997. The Company's Articles of Association has been amended several times, the latest was by Notarial Deed No.202 dated June 26, 2020 of Sitaresmi Puspadewi Subianto, S.H., to be align with the Regulation of Financial Sevices Authority Regulation and to adjust of the Company’s purpose, objectives and business activities. The amendment has been approved by the Minister of Law and Human Rights of the Republic of Indonesia as stated in Decision Letter No. AHU-0047196.AH.01.02. Year 2020 dated July 10, 2020.

The Company's purpose and objectives and business activities according to Article 3 of the Company's articles of association set forth in the Deed of Decree No.202 dated June 26, 2020 are as follows:

1. The purpose and objective of the Company is to conduct business in the fields of :
a. Processing industry ;
b. Wholesale and retail trade.

2. To achieve the above purposes and objectives, the Company can carry out business activities as  follows :
a. Processing industry :
- Plastic pipe industry and equipment ;
- Household equipment and industry  (excluding furniture);
- Industrial pipes and pipe connections from  non-iron and steel metals ;
- Industrial kitchen equipment and metal table equipment.

b. Wholesale and retail trade :
- Wholesale trade on a retribution (fee) or contract basis ;
- Wholesale trade in household equipment and supplies ;
- Wholesale trade of metal and metal ore ;
- Wholesale trade in metal goods for construction materials ;
- Wholesale trade in tiles, bricks, tiles and the like from limestone, cement or glass ;
- Wholesale trade in others construction materials;
- Wholesale trade of various kinds of goods;
- Retail trade of other construction materials and goods ;
- Retail trade in plactic wrappers.

The Company has +/- 7 hectares, factory in Waru, Sidoarjo (Unit 1) and +/- 5.5 hectares factory in Trosobo, Sidoarjo (Unit 2); both in East Java, also +/-  4.4 hectares factory in Tangerang (Unit 3), Banten.

Vision
“Strength from Innovation and Efficiency”
The Company strives to be the most innovative and efficient company.

Mission
“We Give You Value”
The Company strives to provide quality houseware and other products with more value for its consumers.