Kedawung Setia Industrial

Kedawung Setia Industrial or commonly known as Kedawung is an Indonesian home appliance manufacturing company based in Surabaya, East Java. Kedawung was founded in 1973 by Noto Suhardjo Wibisono and Agus Nursalim. which manufactured mainly enamelware.[1]

PT. Kedawung Setia Industrial Tbk.
Public company
Traded asIDX: KDSI
IndustryHome appliance
Founded9 January 1973 (1973-01-09)
Founders
  • Noto Suhardjo Wibisono
  • Agus Nursalim
Headquarters
Surabaya
,
Indonesia
Area served
Worldwide[1]
Products
Number of employees
1,814 (2016)
Websitekedawungsetia.com

History

Kedawung was founded by Noto Suhardjo Wibisono and Agus Nursalim on 9 January 1973. Kedawung at the time was manufactured mainly enamelware. In 1975 Kedawung commercially turned into a limited company.[2]

Kedawung Setia Industrial's main business activities are engaged in enamel-plated household appliances and through its subsidiary PT Kedawung Setia Corrugated Carton Box Industrial (KDSI) runs a business in the field of wave cardboard boxes and egg storage. In addition, KDSI is also developing the business by producing enamel-plated construction items (can be used for the roof of the stadium and mosque dome) and plasting mats made from polypropylene plastic seeds.[1]

On June 28, 1996, KDSI obtained an effective license from Bapepam-LK to conduct an Initial Public Offering (IPO). These shares were listed on the Surabaya Stock Exchange (now Indonesian Stock Exchange) on July 29, 1996.[3]

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See also

References
  1. Kedawung Setia Industrial. "About PT. Kedawung Setia Industrial Tbk". www.kedawungsetia.com. Retrieved 2019-04-05.
  2. "PT Kedawung Setia Industrial Tbk: Private Company Information - Bloomberg". www.bloomberg.com. Retrieved 2019-04-05.
  3. "Sejarah dan Profil Singkat KDSI (Kedawung Setia Industrial Tbk) | Britama.com" (in Indonesian). Retrieved 2019-04-05.


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