Ramayana Lestari Sentosa Tbk.

Brief of Company Background

Founded in 1983, most of the company products are purchased outright, while some items are placed in stores on consignment. Marketing and sales are targeted at the middle and lower income brackets. By the end of 1997, the company had 52 outlets, divided into outlets under the name of Ramayana and 5 of them under the name of Robinson. Fifty of these outlets are located in Java, one in Batam Island and one in Bali. 47 of these outlets, including 11 of which are with supermarkets, are leased from third parties, and eight of which are owned by the company itself. To reinforce the company image, all Robinson stores will gradually be converted to operate under the Ramayana name. On July 1997 the company opened its second outlet in Bali, occupying 29,000 square meters on the four floors of Mal Bali in Denpasar. This is the company 52nd outlet in Indonesia. In July 2002, the company officially opened a new 7,800 m2 shopping mall and supermarket in Medan, developed at a cost of Rp 30 billion.

PT Ramayana Lestari Sentosa Tbk (RALS) operates Ramayana and Robinson department stores and supermarkets in Indonesia. Established in 1978, then conducted an IPO in 1996.

Shareholder List

Management