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The Company’s production factory started its operation. In the same year, the Company completed an Initial Public Offering (IPO) of 120,000,000 ordinary shares and was listed on the Jakarta Stock Exchange which later changed its name to Indonesia Stock Exchange (the “Company Initial Public Offering”).

The Company’s production factory started its operation. In the same year, the Company completed an Initial Public Offering (IPO) of 120,000,000 ordinary shares and was listed on the Jakarta Stock Exchange which later changed its name to Indonesia Stock Exchange (the “Company Initial Public Offering”).

The Company name was changed from PT Pyridam into PT Pyridam Farma Tbk. for the Initial Public Offering of the Company’s Shares based on the Deed of Minutes of the Company No. 267, dated December 23rd, 2000, drawn up before Tse Min Suhardi, S.H., Notary in Jakarta which has been approved by the Minister of Law and Human Rights of Republic of Indonesia based on Decree No. C-00321 HT.01.04.TH.2001, dated April 25th, 2001 (“Deed No. 267/2000”).