Jakarta, 31st January 2011
PT. Martina Berto, Tbk listed its share on the stock exchange on last January 13th, after the offering period on January 3rd-7th and having oversubscribed 52x.
On 31st January 2011, PT Martina berto Tbk. have made its loan payments to CIMB Niaga Bank in the Financial Club Jakarta, Board Room Graha Niaga Sudirman Jakarta and witnessed by all directors from both parties, among of them attends Bryan Tilaar, President Director of PT. Martina Berto, Tbk.
Quoting from Bryan Tilaar, this loan payment to CIMB Niaga aims to fulfill 3 points:
1. Legalization of what is included in the prospectus, stating that one of the purpose of going public is debt repayment of PT. Martina Berto, Tbk.
2. Commitment of PT. Martina Berto, Tbk's management to continuously increase the company's performance by accomplishing all kinds of obligations on time, in order to be able to formulate its planning and execute the strategy that has been precisely prepared for a maximum result.
3. Increase company's profit by decreasing bank interest obligations, which is very encouraging for the stakeholders.
In the future, PT Martina Berto Tbk. will always try to fulfill what has been written in the prospectus with the agendas that has been arranged for this whole year, to reach 18% of annual average growth for the next 5 years.
PT Martina Berto Tbk.'s commitment to bring Local Wisdom Go Global and become a national asset that paces in the international world is sturdied with the election of DR Martha Tilaar as one of the 53 companies in the UN Global Compact LEAD on January 28th 2011. Selected from more than 6000 companies worldwide that join the UN Global Compact and being the only ASEAN representative company.
Local Wisdom Go Global
To be one of the world’s leading companies in cosmetics and spa industry with natural nuances and eastern values through product innovation and modern technology to optimize added value to stakeholders
Short Term Objective
To be Top 3 in Indonesian cosmetics and spa industry
Medium Term Objective
To be one of Asia Pacific players in cosmetics and spa industry