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Annual Report 2007.

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PT Indo Kordsa Tbk Increases Shareholding in Subsidiary ...


PT Indo Kordsa Tbk announced that on December 17, 2008, the Company has increased its shareholding in its subsidiary, PT Indo Kordsa Teijin (IK Teijin), by acquiring 44,110 shares of IK Teijin owned by Teijin Fiber Limited, with a total amount of US$4,411,000. After the transaction, the Company will hold 99.9% stake in IK Teijin. -- New York, 12/18/2008 (Reuters)

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Indo Kordsa (previously Branta Mulia) has been manufacturing high-performance tire cord fabric and yarn for the world's foremost tire companies since 1981, when we established South East Asia's first Tire Cord Fabric plant. Recoqnised for a commitment to excellence, our strength lies in our flexibility to collaborate closely with customers, and our ability to both initiate and respond rapidly to technological advances in the industry.

Thanks to continuous expansion through development and consolidation in the region, and later through strategic alliances with global leaders in the industry, we have emerged as a principal worldwide supplier of tire reinforcing material. From our plants in Indonesia and Thailand, we now export Nylon 66 and Polyester Tire Yarn, as well as a range of Tire Cord Fabric, to major markets worldwide.

As an established producer of a full range of premium quality tire cord fabric, we are uniquely positioned in this growing region to meet your needs, however diverse. Think of us as a one-stop shop for all your tire yarn or fabric requirement.


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