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Formosa Ingredient Factory Tbk PT
, Kelapa Dua
Phone: +62 2122228975p:+62 2122228975 TANGERANG, 15810  Indonesia Ticker: BOBABOBA
Business Summary
PT Formosa Ingredient Factory Tbk is an Indonesia-based company, which is engaged in the production of tapioca pearl products, jelly topping, premium jams, brown sugar syrup and waffle premix powder. The Company produces various variants of products under the Boba King brand. The products produced under the Boba King brand are tapioca pearls, topping jelly, premium sauce, syrup, and premix powder. In addition to these products, the Company plans to add product variants popping boba, with brand BOOMBA. The Company distributes throughout Indonesia, through restaurants, local coffee shops and international chains stores, premium modern market, and retail. The Company is also focused on export markets in Asia, including Japan, the Philippines, Hong Kong, Malaysia, Vietnam, and South Korea. The Company’s products include Brown Sugar Jelly, Cocopandan Jelly, Coffee Jelly, Grape Jelly, Grass Jelly, Pandan Jelly, Premium Jelly Brown Sugar, and Premium Jelly Cocopandan.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
9/30/202412/31/2023Yes----

Industries
SIC Code Description
2087 Flavoring extracts and flavoring syrups, not elsewhere classified
2035 Pickled fruits and vegetables, vegetable sauces and seasonings
2099 Food preparations, not elsewhere classified

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
President Commissioner Jen-youTseng 50
President Director, Corporate Secretary YunitaSugiarto Ew 33 7/21/2021
Director Ieyanto YaminGe 62 1/1/2021 1/1/2021
3 additional Officers and Directors records available in full report.

General Information
Number of Employees: 84 (As of 9/30/2024)
Outstanding Shares: 1,155,750,000 (As of 9/30/2024)
Stock Exchange: JAK
Fax Number: +62 2129047378


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Wednesday, November 20, 2024