# Formosa Ingredient Factory > Indonesian public company **Wikidata**: [Q114556755](https://www.wikidata.org/wiki/Q114556755) **Source**: https://4ort.xyz/entity/formosa-ingredient-factory ## Summary Formosa Ingredient Factory is an Indonesian public company operating in the ingredient manufacturing sector. The company is officially incorporated as PT Formosa Ingredient Factory Tbk. It is publicly traded on the Indonesia Stock Exchange under the ticker symbol BOBA, having commenced trading on November 1, 2021. ## Key Facts - **Official Name:** PT Formosa Ingredient Factory Tbk - **Entity Type:** Public company - **Location:** Indonesia (an island country in Southeast Asia and Oceania) - **Stock Exchange:** Indonesia Stock Exchange - **Ticker Symbol:** BOBA - **Trading Commencement:** November 1, 2021 - **Aliases:** BOBA, PT Formosa Ingredient Factory Tbk - **Wikidata Description:** Indonesian public company ## FAQs **What is Formosa Ingredient Factory?** Formosa Ingredient Factory is a publicly traded Indonesian company operating in the ingredient manufacturing industry. It is officially registered as PT Formosa Ingredient Factory Tbk. **What is the stock ticker for Formosa Ingredient Factory?** The company trades on the Indonesia Stock Exchange under the ticker symbol BOBA. Its shares began trading publicly on November 1, 2021. **Where is Formosa Ingredient Factory based?** The company is based in Indonesia, a sovereign island nation situated in Southeast Asia and Oceania. ## Why It Matters As a public company, Formosa Ingredient Factory represents a component of Indonesia's corporate sector and capital markets. Its listing on the Indonesia Stock Exchange provides a vehicle for public investment in the ingredient manufacturing sector. The company operates within Indonesia's emerging market economy, which is recognized as one of the top 20 globally by nominal GDP, reaching $1.319 trillion in 2022. By functioning as a publicly traded entity, it adheres to regulatory disclosure and reporting standards, contributing to transparency for investors and the broader financial ecosystem in Southeast Asia. ## Notable For - Being a publicly traded company on the Indonesia Stock Exchange under the ticker symbol BOBA. - Operating in the ingredient manufacturing sector within Indonesia, the world's largest archipelagic state. - Commencing its public market trading on November 1, 2021. - Incorporation as PT Formosa Ingredient Factory Tbk, following the Indonesian naming convention where "Tbk" denotes a publicly traded company. ## Body ### Corporate Identity and Structure Formosa Ingredient Factory is officially registered as PT Formosa Ingredient Factory Tbk. The "Tbk" suffix denotes its status as a publicly traded company (Perseroan Terbatas Tbk) in Indonesia. As a public company, it is a corporation that offers its securities for sale to the general public, which distinguishes it from private companies whose shares are not openly traded. This structure enables the company to raise capital from a wide pool of investors through the open market. The entity is classified as an "instance of" a public company. Public companies are a specific type of joint-stock company and a distinct legal form of organization. They are a subclass of "enterprise" and are distinctly different from public enterprises or government agencies, which are state-owned entities. ### Stock Market Presence The company is listed on the Indonesia Stock Exchange, the primary stock exchange in the nation. Its equity shares trade under the ticker symbol BOBA. Trading commenced on November 1, 2021, marking the company's entry into the public capital markets. This listing provides liquidity for investors, allowing them to buy and sell ownership stakes easily. ### Geographic and Economic Context Formosa Ingredient Factory is located in Indonesia, a sovereign state and island country in Southeast Asia and Oceania. Indonesia is the world's largest archipelagic state, comprising over 17,000 islands including Sumatra, Java, Sulawesi, and parts of Borneo and New Guinea. It is situated between the Indian and Pacific Oceans, covering a total area of 1,904,570 square kilometers. The nation operates as a unitary presidential constitutional republic with its capital in Jakarta. It has a population exceeding 275 million people (2021 estimate), making it one of the most populous countries globally. Indonesia operates an emerging market economy with a nominal GDP of $1.319 trillion USD (2022) and uses the Rupiah (IDR) as its currency, regulated by Bank Indonesia. The country is a member of the G20, ASEAN, APEC, the World Trade Organization (WTO), BRICS, and the United Nations, underscoring its economic and geopolitical significance. ### Regulatory Environment As a public company operating in Indonesia, Formosa Ingredient Factory is subject to the regulatory oversight of Indonesian financial authorities. Public companies are required to adhere to strict regulatory disclosure and reporting standards, which promotes transparency for investors. The company operates within Indonesia's administrative and legal framework, utilizing the Indonesia Stock Exchange as a regulated marketplace for securities trading. ### Indonesia: Administrative and Technical Context Indonesia is administratively divided into 38 provinces across its major islands, including regions such as the Special Capital Region of Jakarta, West Java, East Java, Aceh, North Sumatra, and various provinces in Kalimantan, Sulawesi, and Papua. The country spans three time zones: Indonesia Western Standard Time (WIB, UTC+7), Central Standard Time (WITA, UTC+8), and Eastern Standard Time (WIT, UTC+9). Technical standards include a left-hand driving system, a mains voltage of 127V and 230V at 50Hz, a telephone country code of +62, and an internet top-level domain of .id. Its ISO 3166-1 codes are ID (Alpha-2), IDN (Alpha-3), and 360 (Numeric). ### Related Entities and Industry Position Formosa Ingredient Factory operates within the ingredient manufacturing sector in Indonesia. While specific details about its product lines are not detailed in the provided source material, its classification as an Indonesian public company places it among entities contributing to the country's diversified economy, which includes significant contributions from agriculture, manufacturing, and services. The company's public status allows it to access capital markets for business expansion and innovation. Other notable companies operating within Indonesia's corporate landscape include technology firms like Gojek, highlighting the diverse nature of the Indonesian Stock Exchange.