PT Bakrie Sumatera Plantations Tbk is a sustainable integrated agro-business operating in the business of oil palm plantation and the production of palm oil and its derivatives; rubber plantation and the processing of natural rubber products and its derivatives; and oleochemicals processing
Our production of CPO and PK in Our Company is based on the supply of fresh fruit bunches (FFB) derived from company-owned plantations (nucleus), plasma plantations, and purchases from third parties. We operate 5 (five) palm oil processing plants, 3 (three) natural rubber processing plants and 1 processing plants in the Oleochemicals segment
![Milestone](https://www.bakriesumatera.com/storage/images/2022/02/milestones.jpg)
Milestone
![Established as Naamlooze Vennootschap Hollandsch Amerikaansche Plantage Maatschappij](https://www.bakriesumatera.com/storage/images/2022/02/milestone-1.jpg)
Established as Naamlooze Vennootschap Hollandsch Amerikaansche Plantage Maatschappij
![Renamed as PT United States Rubber Sumatra Plantations (USRSP) following the acquisition by Uniroyal Inc.](https://www.bakriesumatera.com/storage/images/2022/02/milestone-1.jpg)
Renamed as PT United States Rubber Sumatra Plantations (USRSP) following the acquisition by Uniroyal Inc.
![USRSP was nationalized by the Indonesian Government until 1967](https://www.bakriesumatera.com/storage/images/2022/02/milestone-1.jpg)
USRSP was nationalized by the Indonesian Government until 1967
![Changed its name to PT Uniroyal Sumatra Plantations](https://www.bakriesumatera.com/storage/images/2022/02/milestone-1.jpg)
Changed its name to PT Uniroyal Sumatra Plantations
![PT Bakrie & Brothers acquired 75% of UNSP shares Renamed as PT United Sumatra Plantations (UNSP)](https://www.bakriesumatera.com/storage/images/2022/02/milestone-1.jpg)
PT Bakrie & Brothers acquired 75% of UNSP shares Renamed as PT United Sumatra Plantations (UNSP)
![Conducted an Initial Public Offering of its shares through the Indonesia Stock Exchange (previously known as the Jakarta Stock Exchange) with a nominal price of IDR 1,000 per share](https://www.bakriesumatera.com/storage/images/2022/02/milestone-1.jpg)
Conducted an Initial Public Offering of its shares through the Indonesia Stock Exchange (previously known as the Jakarta Stock Exchange) with a nominal price of IDR 1,000 per share
![Renamed as PT Bakrie Sumatera Plantations (BSP), and entered the palm oil business](https://www.bakriesumatera.com/storage/images/2022/02/milestone-1.jpg)
Renamed as PT Bakrie Sumatera Plantations (BSP), and entered the palm oil business
![Conducted a 2:1 stock split and changed the share’s nominal price to IDR 500 per share In compliance with the Law on Limited Company, the name was altered as PT Bakrie Sumatera Plantations Tbk](https://www.bakriesumatera.com/storage/images/2022/02/milestone-1.jpg)
Conducted a 2:1 stock split and changed the share’s nominal price to IDR 500 per share In compliance with the Law on Limited Company, the name was altered as PT Bakrie Sumatera Plantations Tbk
![Conducted a 5:1 stock split and changed the share’s nominal price to IDR 100 per share The First Limited Public Offering: traded shares became 2,331,000,000 shares](https://www.bakriesumatera.com/storage/images/2022/02/milestone-1.jpg)
Conducted a 5:1 stock split and changed the share’s nominal price to IDR 100 per share The First Limited Public Offering: traded shares became 2,331,000,000 shares
![The Second Limited Public Offering: traded shares became 3,787,875,000 shares](https://www.bakriesumatera.com/storage/images/2022/02/milestone-1.jpg)
The Second Limited Public Offering: traded shares became 3,787,875,000 shares
![Buyback of 6,100,000 UNSP shares](https://www.bakriesumatera.com/storage/images/2022/02/milestone-1.jpg)
Buyback of 6,100,000 UNSP shares
![The Third Limited Public Offering: traded shares became 13,553,772,676 shares Enters the oleochemical business and launched the New Strategic Intent](https://www.bakriesumatera.com/storage/images/2022/02/milestone-1.jpg)
The Third Limited Public Offering: traded shares became 13,553,772,676 shares Enters the oleochemical business and launched the New Strategic Intent
![Conducted a 1:10 reverse stock and changed the share’s nominal price to IDR 1,000 per share](https://www.bakriesumatera.com/storage/images/2022/02/milestone-1.jpg)
Conducted a 1:10 reverse stock and changed the share’s nominal price to IDR 1,000 per share
![Issued Serie B shares with a nominal price of IDR 100 per share through Nonpreemptive Rights mechanism](https://www.bakriesumatera.com/storage/images/2022/02/milestone-1.jpg)
Issued Serie B shares with a nominal price of IDR 100 per share through Nonpreemptive Rights mechanism