The Company is engaging in cement industry. Officially inaugurated on August 7, 1957 by the first President of the Republic of Indonesia with installed capacity of 250,000 tons cement per year. On July 8, 1991, Semen Gresik was listed at the Jakarta Stock Exchange and Surabaya Stock Exchange and was the first State-owned Enterprise publicly listed by offering 40 million shares to the public. Its shareholding composition was Government 73% and the Public 27%.

In September 1995, Semen Gresik performed right issue I, which changed the share ownership composition to the State 65% and the Public 35%. In September 15,1995 Semen Gresik acquired SP and ST, which was then known as Semen Gresik Group (SGG). The total installed capacity of SGG was 8.5 million tons of cement per year.

On September 17, 1998, the Government sold its 14% shares in SGG through an open tender, in which Cemex S.A. de C.V, a Mexico­based global cement company, was declared as the winner. The share ownership composition was then changed to the Government 51 %, the Public 35%, and Cemex 14%.

As of September 30, 1999, the share ownership composition has changed to the Government 51 %, the Public 23.5%, and Cemex 25.5%.
Meanwhile, SGG has an installed capacity of 15.82 million tons cement per year.
On July 27 2006 Cemex S.A. de C.V. shares were sold to Blue Valley Holdings PTE Ltd., so that the share ownership composition has changed to the Government 51,01%, Blue Valley Holdings PTE Ltd. 24,90% and public 24,09%.

Presently, the real installed capacity of SGG has reached 16,92 million tons per year, and it covers about 46% of domestic cement market.

YEAR 1991

YEAR 1995

1. About 74% is allocated to finance the transfer of 100% share owned by The Republic of Indonesia in PT Semen Padang and PT Semen Tonasa with total amount transaction of Rp 1.063.929.600.000,00.
2. About 5% is to be inserted in Company’s capital in PT Semen Padang to recompense some of the Company loans.
3. About 21% is allocated to finance the Company’s expansion project for Tuban II and Tuban III plant and PT Semen Padang (Indarung V).

Here is the share structure of the Company after the implementation of all Rights to Order Stock in Advance, which is offered in Limited Public Offering I:

YEAR 1997

Here is the Capital Structure and Share Ownership Structure after the Limited Public Offering I, based on the Official Meeting Report (BAR) No.118/1997 : 

YEAR 1998

Here is the Stock Holders Structure per 4 November 1998 based on the Company’s Letter No. 5511/HK.02.00/21010/11.98 dated 12 November 1998 that implies the Stock Ownership Report which reaches more than 5,00% from all Issued and Paid-up Total Shares:

YEAR 2000

Here is the Capital Structure and the Company Share Holders Structure based on the Company Share Ownership List, which issued by the Company’s Stock Administration Bureau at 31 December 2000:

YEAR 2006

Here is the Capital Structure and the Company Share Holders Structure based on the Company Share Ownership List, which issued by the Company’s Stock Administration Bureau at 31 December 2006: