Overview
Description
Gudang Garam Tbk PT Unsp ADR represents the American Depositary Receipt for the Indonesian tobacco company Gudang Garam Tbk. This ADR allows U.S. investors to hold shares in the company, facilitating access to its equity without engaging directly in foreign financial markets or dealing with currency exchange. Gudang Garam is one of Indonesia's largest producers of kretek, a distinctive clove cigarette popular in Indonesia and several international markets. The company is significant in the consumer goods sector, impacting agriculture, manufacturing, and distribution. By utilizing ADRs like Gudang Garam's, investors gain exposure to emerging markets such as Indonesia, which play a vital role in the global tobacco industry and contribute to broadening international diversification of investment portfolios. This instrument trades over-the-counter in the U.S. financial markets, providing liquidity and ease of access to American investors.
About
CEO
Employees
28033
Address
Jl. Semampir II/1
Kediri, 64121
Kediri, 64121
Phone
62 35 468 2091
Website
Instrument type
American depositary receipt
Sector
Consumer Defensive
Industry
Tobacco
Country
United States
MIC code
PSGM