Oey Kim Tjiang started our business in 1919 as a rubber plantation called N.V Handelsbouw en cultuur Maatschappij. In 1959, we changed our name to PT. Tigaraksa and switched our focus to trading as the core business. Our continued growth also came with increased dealings with various local and international audiences; from customers to shareholders and suppliers to partners. These changes further altered the identity of our company and with it came a realization that we needed to revitalize our brand in order to reflect our new situation.
Sintesa Group was born in 1999 as a result of our desire to modernize and to reflect our identity as a reputable brand that can be trusted globally. This change marked a new era for our business with a focus in four pillars: Property, Energy, Industry and Consumer Products. Our focus is to establish strategic partnerships with strong international brands, maintain our proven track record and continue to innovate and grow in the Indonesian market.
Two of the 18 subsidiaries, PT Tigaraksa Satria Tbk (Consumer Products) and PT Tira Austenite Tbk (Industrial Products), are currently listed on the Indonesian Stock Exchange. We are also currently planning to go public with our property companies within the next three years.