Company in Brief
2007
Year Established
>20
Export Destination Countries
1
Establishment and Legality
PT Indonesia Fibreboard Industry Tbk was established on 24 September 2007 based on Deed of Establishment No. 94 by Notary Johny Dwikora Aron, S.H., and was approved by the Ministry of Law and Human Rights on 3 December 2007.
Date of Establishment
24 September 2007
MOLHR APPROVAL NO.
C-05183 HT.01.01.TH.2007
Stock Code
IFII - Indonesia Stock Exchange
Group
ADR Group
2
Market and Global Exports
The Company products are marketed domestically and exported to more than 17 countries across Southeast Asia, East Asia, America, Africa, and the Middle East.
🇮🇩
Indonesia
🇺🇸
United States
🇹🇼
Taiwan
🇿🇦
South Africa
🇨🇳
China
🇰🇷
Korea
🇯🇵
Japan
🇻🇳
Vietnam
🇸🇦
Saudi Arabia
🇱🇧
Lebanon
🇮🇶
Iraq
🇯🇴
Jordan
🇨🇮
Ivory Coast
🇬🇶
Equatorial Guinea
🇪🇬
Egypt
🇦🇪
United Arab Emirates
🇦🇺
Australia
🇭🇰
Hongkong
🇮🇳
India
🇲🇾
Malaysia
🇲🇲
Myanmar
🇵🇭
Philippines
🇸🇬
Singapore
🇰🇼
Kuwait
🇩🇰
Denmark
🌍
Yemen
Factory Location
Mendis Jaya Village, Bayung Lencir District, Musi Banyuasin, South Sumatra
3
IPO and Stock Exchange Listing
IDX Listing Date
10 December 2019
Stock Code
IFII
Exchange
Indonesia Stock Exchange
Rp 100
Par Value / Share
Rp 105
IPO Offering Price
1.41 B
Total IPO Shares
S-07900
IDX Letter No.
LEAD UNDERWRITER
PT Investindo Nusantara Sekuritas
UNDERWRITER
PT Corpus Sekuritas Indonesia
UNDERWRITER
PT Panin Sekuritas Tbk
4
Production Facility Expansion
2010
Construction of the MDF First Line
The Company began building a business location located in Mendis Jaya Village, Bayung Lencir District, Musi Banyuasin Regency, South Sumatra in 2010.
2012
MDF First Line Started Commercial Production
In August 2012, the Company began commercial production and made its first export to Malaysia, totaling 30.3 m³.
2021
Construction of the MDF Second Line
The Company started the construction of additional MDF second line production facilities and its supporting infrastructure at the Company's factory site in South Sumatra.
2023
Second MDF Line Started Commercial Production
In April 2023, the Company’s additional MDF second line production facilities has started commercial production which will increase the installed capacity of MDF production from prior 250,000 m³/year to around 450,000 m³/year.