PT Bukaka Forging Industries is a subsidiary of the Company that runs a manufacturing business and supplies automotive components and other machinery components (non-automotive) based on quality forged steel. PT Bukaka Forging Industries has built a reputation as the only forging company that applies Extrude Forging Technology in Indonesia that produces components for two-wheeled and four-wheeled vehicles. This subsidiary serves requests from several large customers, including PT Hino Indonesia, PT Showa Indonesia Manufacturing, PT Inti Ganda Perdana, and PT Krama Yudha Tiga Berlian Motors.
The Company acquired 96.81% of PT Bukaka Forging Industries shares on December 22, 2014 as ratified in Notarial Deed of Andy Aziz S.H., No. 9 dated December 22, 2014. The Company's ownership increased to 99.5% on October 13, 2016 following the acquisition of 156 shares of PT BukakaCorporindo by PT Bukaka Mega Investama in PT Bukaka Forging Industries.
The composition of the Board of Commissioners and Board of Directors of the company as of March 28, 2024 is as follows:
BOARD OF COMMISSIONERS: | |
Commissioner | : Teguh Wicaksana Sari |
BOARD OF DIRECTORS: | |
President Director | : Irsal Kamarudin |
Director | : Didin Saepudin |