Akasha

About us.

Our Vision

Building great brands which deliver best consumer solutionsthrough great people, great culture, and great system.

Our Mission

To bring the world's best solutionsto elevate our consumer's quality of life.

Company profile

Overview of the company.

PT Akasha Wira International Tbk was established in 1985 as PT Alfindo Putrasetia and has carried its current name since 2010. A foreign-investment company listed on the Indonesia Stock Exchange as ADES, it is controlled by Sofos Pte. Ltd. of Singapore.

Established
1985
as PT Alfindo Putrasetia
Current name
Since 2010
PT Akasha Wira International Tbk
Listed
31 March 1994
Indonesia Stock Exchange · ADES
Investment status
Foreign investment (PMA)
BKPM approval No. 42/V/PMA/2006
Controlling shareholder
Sofos Pte. Ltd.
Singapore, through Water Partners Bottling S.A., since 2008
Articles of Association
Deed No. 22, 2023
Latest amendment: purpose, objectives and business activities
What we make today
Bottled drinking water

Commercial production since 1986. Nestlé Pure Life since 2004, Vica Royal gallons since 2007 and Vica 600 ml since 2020.

Made in Cibinong · Pasuruan
Cosmetics

Hair care since 2010, when the company acquired production machinery and equipment from PT Damai Sejahtera Mulia to make Makarizo.

Made in Gunung Putri
Beverages

Soy milk from 2014, Mujigae banana milk from 2019, and ready-to-drink Creamy Banana Milk and Cheesecake Milk in 2025.

Made in Cicurug, Sukabumi
Foods

Korean ready-to-eat meals since 2020, expanded in 2025 with snacks (Floaty, Wonhae), confectionery and more ready-to-eat products.

Made in Cicurug, Sukabumi
Core value

ATEAM core values.

  1. 01
    Act with integrity

    Doing the right thing, ethically, morally and legally.

  2. 02
    Take the lead

    Taking ownership and delivering on our commitment.

  3. 03
    Excel in everything we do

    Striving for quality in everything we do.

  4. 04
    Achieve our goals together

    Working collaboratively towards common goals.

  5. 05
    Move forward with innovation

    Challenging the norm passionately to improve the way we work.

40+
Years in business
10+
Consumer brands
4
Business units
7
Operating locations
History

Company history.

From PT Alfindo Putrasetia in 1985 to PT Akasha Wira International Tbk today.

  1. 1985
    Established

    The company was established as PT Alfindo Putrasetia.

  2. 1986
    Commercial production

    Commercial production of bottled drinking water began.

  3. 1994
    Listed on the exchange

    Public offering of 15 million shares; all 38 million shares listed on the Jakarta Stock Exchange on 13 June.

  4. 1997
    Bonus shares

    38 million bonus shares issued from additional paid-in capital.

  5. 2004
    Water Partners Bottling

    Water Partners Bottling S.A. (a Nestlé & Coca-Cola joint venture) became the majority shareholder. The name changed to PT AdeS Waters Indonesia, Tbk, and Nestlé Pure Life was launched.

  6. 2007
    Vica Royal

    Vica Royal gallons launched to replace Ades products, after the Ades trademark licence with The Coca-Cola Company was not renewed.

  7. 2008
    Sofos Pte. Ltd.

    Sofos Pte. Ltd. (Singapore) acquired the controlling shares.

  8. 2010
    New name and hair care

    The name changed to PT Akasha Wira International Tbk, and commercial production of Makarizo hair care began after the company acquired production machinery and equipment from PT Damai Sejahtera Mulia.

  9. 2012
    P&G partnership

    Partnership with Procter & Gamble for professional cosmetics distribution.

  10. 2014
    Soy beverages

    The Sukabumi facility was reactivated to produce a soy beverage line under the Pureal brand.

  11. 2019
    Mujigae banana milk

    Banana-flavoured milk under the Mujigae brand widened the beverage range.

  12. 2020
    Ready-to-eat foods

    Korean ready-to-eat meals began at the Sukabumi plant, and Vica launched in 600 ml bottles.

  13. 2025
    Food and beverage lines

    Ready-to-drink Creamy Banana Milk and Cheesecake Milk, Floaty and Wonhae snacks, Mini Bites confectionery, and Wonhae Topokki ready-to-eat meals.

Organization structure

Board of Commissioners and Board of Directors.

Delivering the best quality consumer solution to address consumer needs for a quality lifestyle, to sustain our commitment to stakeholders — through our great people, great culture, and great system.

Board of Commissioners · Dewan Komisaris
Hanjaya Limanto
President Commissioner

Hanjaya Limanto

In office since 20 June 2008

Chemical engineering graduate of Institut Teknologi Sepuluh Nopember, Surabaya, and an ADB/East-West Center scholar for his MBA at the University of Hawaii. Previously with Procter & Gamble, JDVC/Sycamore Capital, CDC Capital Partners, Roundhill and Sofos Partners across Indonesia, Japan and Singapore. Also a Commissioner of PT Yupi Indo Jelly Gum, PT Tirta Marta and PT O3 Technology.

Rudy Hidayat
Commissioner

Rudy Hidayat

In office since 17 June 2026

Master of Science in Industrial Engineering and Management Sciences, Eindhoven University of Technology (1996). Formerly Sales Director of PT Multi Bintang Indonesia Tbk, Special Project Director at Heineken Asia Pacific, Independent Commissioner of PT Jobobu Jarum Minahasa Tbk, and most recently President Director of PT Blue Gas Indonesia.

Julianto
Independent Commissioner

Julianto

In office since 21 June 2023

Chemical engineering graduate of Institut Teknologi Sepuluh Nopember, Surabaya, with a Master of Management from Universitas Indonesia. Previously at PT Filma Utama Soap, General Manager at PT Multifragrance and Director at PT Symrise. Chairs the Audit Committee, and has no affiliation with any director, commissioner or major or controlling shareholder.

Board of Directors · Direksi
Fany Soegiarto
President Director

Fany Soegiarto

In office since 17 June 2026
Leads the Enabler division

Bachelor of Economics from Tarumanagara University and an MBA in Banking and Finance from Nanyang Business School, Singapore. Senior auditor at Ernst & Young Jakarta and Grant Thornton Singapore, Head of Finance and Accounting at PT Roundhill Nusantara and Investment Officer at Aureos Capital, then Senior Finance and Accounting Manager at Akasha.

Hagi Yufantra
Director

Hagi Yufantra

In office since 17 June 2026
Leads the Commercial division

Bachelor of Economics, majoring in marketing, from Prasetiya Mulya Business School (2016). Joined Akasha in 2016 in e-commerce business development and rose to Senior Manager Marketing before his appointment to the Board.

Committees & divisions

Organization structure 2025.

Reports to the Board of Commissioners

Audit Committee

  • JJuliantoChairman
  • ZZulbahriMember
  • HHastutiMember
Reports to the Board of Directors

Internal Audit

  • WJWendi Jaya Wardana
Reports to the Board of Directors

Corporate Secretary

  • AKAprianti Kartika
Divisions

Production

5
  • Plant management
  • Quality
  • Project management
  • Industrial performance
  • Safety, health & environment
  • Supply chain
  • EEpendi
  • BSBudi Santoso
  • ARAnjar R. Martadiputra
  • YBYulizar B. Riyanto
  • RRinaldi

Commercial

1
  • Sales
  • Marketing
  • HYHagi YufantraDirector

Enabler

1
  • Finance & control
  • Legal
  • Human resources
  • General services
  • Procurement
  • IT
  • FSFany SoegiartoPresident Director
More on the company's governance on the Governance page.
Locations

Head office, distribution hub and production sites.

Head office and distribution hub in Jakarta, and five factories in West Java, East Java and Banten.

Head office

1

Jakarta Selatan

Jl. TB Simatupang Kav. 89, RT 01 RW 02, Kel. Tanjung Barat, Kec. Jagakarsa, Jakarta Selatan, DKI Jakarta 12530
Open in Google Maps

Distribution hub

1

Jakarta Timur

Jl. Pulo Lentut Kav. E.5.a, Kawasan Industri Pulogadung, Kec. Cakung, Jakarta Timur, DKI Jakarta 13920
Open in Google Maps

Production sites

5

Cibinong, Bogor

Jl. Raya Tapos Km 1, Kranji RT 001 RW 011, Kel. Ciriung, Kec. Cibinong, Kab. Bogor, Jawa Barat 16918
Produces
Bottled drinking water
Open in Google Maps

Pasuruan, Jawa Timur

Jl. Raya Surabaya–Malang Km 59, Desa Sengonagung, Kec. Purwosari, Kab. Pasuruan, Jawa Timur 67162
Produces
Bottled drinking water

Land for a plant expansion acquired in 2025.

Open in Google Maps

Gunung Putri, Bogor

Jl. Kampung Cikuda, RT 002 RW 07, Desa Wanaherang, Kec. Gunung Putri, Kab. Bogor, Jawa Barat 16965
Produces
Cosmetics
Open in Google Maps

Cicurug, Sukabumi

Jl. Raya Siliwangi Km 1, RT 001 RW 001, Desa Benda, Kec. Cicurug, Kab. Sukabumi, Jawa Barat 43359
Produces
Food and beverages
Open in Google Maps

Cikande, Serang

Jl. Raya Cikande–Rangkasbitung Km 10, Desa Majasari, Kec. Jawilan, Kab. Serang, Banten 42177
Produces
Confectionery
Open in Google Maps
Achievements

Certifications and ratings.

The management systems and ratings in place across our operations, as reported in the 2025 Annual Report.

ISO 9001:2015
Quality

ISO 9001:2015

Quality management

Beverages and cosmetics

FSSC 22000 v6.0
Food safety

FSSC 22000 v6.0

Food safety management

Beverage production

ISO 45001:2018
Health & safety

ISO 45001:2018

Occupational health & safety

Beverage production

ISO 14001:2015
Environment

ISO 14001:2015

Environmental management

Business operations

CPKB
Cosmetics · BPOM

CPKB

Good cosmetics manufacturing practice

Cosmetics production

PROPER
Environmental rating

PROPER

Environmental performance rating

Blue rating — all required aspects fulfilled

Ownership

Shareholding structure.

A total of 589.896.800 shares outstanding, held by the controlling shareholder and public shareholders.

Go to Investor Centre
Water Partners Bottling S.A.
91,35%
538.896.713 shares
Public
8,65%
51.000.087 shares
as of 31 December 2025