News

Listing Ceremony of PT Multi Garam Utama Tbk (FOLK) on Indonesia Stock Exchange

Published on 07/08/2023

On Monday, 7 August 2023, PT Multi Garam Utama Tbk (FOLK) also opened the Indonesia Stock Exchange (IDX) trading hours to list FOLK shares on the IDX Development Board. FOLK will be the 55th listed company listed on the IDX in 2023.

FOLK is one of the companies engaged in the holding sector in Indonesia with subsidiaries engaged with the main focus on 2 (two) main industries, namely New Media and Consumer. Folk Group is committed to providing positive added value to the millennial generation and Gen Z. Folk Group has succeeded in creating a comprehensive ecosystem, consisting of New Age Media Commerce and Omni – Channel Retail Brands. Through majority ownership and/or control over 5 (five) subsidiaries and minority ownership of 5 (five) Investee Companies, Folk continues to bring innovation and realize Folk’s vision and mission which makes Folk Group a leader in the creative industry.

(Video Ceremony of the HBAT and FOLK)