Brief History of The Company
The Company was established on November 9, 1970, as a cable manufacturing enterprise under the SUPREME brand. Commercial operations began on October 2, 1972, with technical assistance from Furukawa Electric Co., Ltd., of Tokyo, Japan. The Company was the first domestic investment (PMDN) entity to list its shares on the Indonesia Stock Exchange in 1982.
Through consistent efforts, the Company has become a market leader in the cable industry. Committed to delivering quality to its customers, the Company continuously prioritizes service excellence by leveraging its entire marketing, sales, and distribution teams to ensure effective coverage across all market areas.
The Company's Articles of Association have been amended several times, among others by Notarial Deed No. 138 dated April 28, 1997, by Notary Poerbaningsih Adi Warsito, S.H., concerning the increase in authorized capital from Rp 225 billion to Rp 500 billion. These changes were approved by the Minister of Justice of the Republic of Indonesia in his decision letter No. C2-5994-HT.01.04.TH'97 dated July 2, 1997, and published in State Gazette No. 4305 dated September 23, 1997. Subsequently the Articles of Association were amended in Deed No. 32 dated September 25, 2006, drawn up in the presence of Notary Poerbaningsih Adi Warsito, S.H., regarding the change in the name of the Company from the former PT Supreme Cable Manufacturing Corporation Tbk (SUCACO) to become PT Supreme Cable Manufacturing & Commerce Tbk (PT SUCACO Tbk). The change of name was approved by the Minister of Law and Human Rights of the Republic of Indonesia in letter No. W7-01285 HT. 01.04-TH. 2006 dated October 4, 2006; and last amended by Notarial Deed No. 3 dated February 20, 2024, by Notary Gatot Widodo, S.E.,S.H.,M.Kn., concerning the approval of the stock split and the amendment of Article 4 paragraph 1 and paragraph 2 of the Company's Articles of Association. This amendment has been acknowledged by the Ministry of Law and Human Rights of the Republic of Indonesia under Number AHU-AH.01.03-0042847 tanggal 20 Februari 2024 dated February 20, 2024.
