N.V. Handel Bouwen Cultuur Maatschappij Soen Lie, The Widjaja family Rubber Plantation Management and Trading company was established.
The change of N.V. Handel Bouwen Cultuur Maatschappij Soen Lie into PT Tigaraksa (approved by the Minister of the Indonesian Republic of Justice through decision No. J.A.5/30/6 on March 2, 1960)
The second generation took over and established the holding company. And further separated its business of Sales and Distribution into PT Tigaraksa Satria ("The Company") in 1986.
The Company started it's operation in January 1988 by taking over the distribution unit of PT Tigaraksa (Holding) the founder and once the owner of 100% shares of the Company
The Company listed it's shares on April 21st 1990 in Jakarta Stock Exchange and Surabaya Stock Exchanges (Nowdays recognized as into Indonesia Stock Exchange)
Expansion of the company's activities as it relevantly provided manufacutring services. Opening its facility in Sleman, Jogjakarta
Launching of its new corporate identity, exemplifying excellence in services through focus and expertise
In 100 years PT Tigaraksa Satria, Tbk continues to optimize Growth