Brief History

Family ownership

Originally founded in 1919 as a trading company single-handedly run by Mr. Widjaja, the family business gradually evolved adapting to the circumstances. In the 1960s, the three sons took over the reins and began importing consumer products as an addition to its main business, exporting commodity. The first milestone marked the transformation of a family trading company by spinning-off the sales and distribution business into a separate company started operating in 1988 then become public distribution company by listing its shares on the Jakarta Stock Exchange and Surabaya Stock Exchanges (code TGKA) in April 1990. Though we have been passed down a generation, our family spirit and heritage remain.

External changes

Indonesia's business environment prior to the Second World War was relatively conducive. Circumstances changed dramatically after Indonesia's Independence. Politically caught in the Cold War, business took a turn reaching its lowest point during 1966. The company's resilience persisted and in the early 1970's as the economy began to flourish, once again the company joined the bandwagon. In 1998 the stormy economic as well as political crisis saw numerous companies flounder and perish. Armed with perseverance and adaptive spirit, the company triumphed and managed to survive, standing tall to this day.

Changes in business opportunities

We have been moving alongside the constant change of business opportunities present in the market, identifying and optimizing potential opportunities.