Viral Didemo Employee, KFC Owner Is Conglomerate Anthony Salim And Family Racer Sean Gelael

JAKARTA - Fast food restaurant company KFC Indonesia managed by PT Fast Food Indonesia Tbk (FAST) is going viral because earlier this week workers who are members of the Solidarity Struggle of Indonesian Workers (SPBI) SBT Fast Food Indonesia held a demonstration in front of KFC's headquarters in Gelael, MT Haryono, Jakarta.

The demonstration held on Monday 12 April by its employees urged that Fast Food management issue a wage payment policy as appropriate. Employees also demanded Fast Food Indonesia to return the wages that have been held by the company.

In the midst of this incident, the public also wondered, who are the important figures who are the major shareholders behind KFC Indonesia? FAST itself is the sole franchise rights holder of KFC Indonesia brand. The KFC brand is globally owned by Yum! Brands, Inc., a Wall Street-listed company on the New York Stock Exchange (NYSE) with the ticker code YUM.

In Indonesia, kfc Indonesia's majority shareholder is PT Gelael Pratama. The company is owned by the Gelael family, who are the founders of Fast Food Indonesia.

Citing the disclosure of information on the Indonesia Stock Exchange (IDX) page, Thursday, April 15, PT Gelael Pratama controlled 40 percent or 1,596,111,050 FAST shares as of April 13, 2021. The breakdown of the 40 percent majority shareholder was filled by Dick Gelael's wife, Elisabeth Gelael, at 67.5 percent or 1,077,374,959 shares. Elisabeth holds the position of FAST commissioner.

The other two shareholders are the late Rudy Tanudjaja Saputra, Dick's partner, who holds a 4.75 percent stake and Martin Tanudjaja Saputra at 17.5 percent.

Ricardo Gelael, who is Dick and Elisabeth's son, owns a 10.25 percent or 163,601,382 stake in PT Gelael Pratama. Ricardo is a businessman and rally driver and serves as President Director of FAST.

Ricardo is the father of talented young rider Sean Gelael. Sean is preparing for this year's World Endurance Championship (WEC) with British team JOTA in the LMP2 category after five years in the FIA Formula 2.

In addition to the Gelael family, Fast Food Indonesia's shares are also owned by conglomerate Anthony Salim, through PT Indoritel Makmur Internasional Tbk (DNET) with a 35.84 percent ownership or 1,430,115,492 FAST shares as of April 7, 2021.

Indoritel itself is an investment company engaged in the consumer and retail industries of the country. DNET manages Indomaret convenience store outlets (PT Indomarco Prismatama) spread throughout Indonesia.

In addition to FAST, DNET is also included in the shares of sari roti brand manufacturer, PT Nippon Indosari Corpindo Tbk (ROTI), with a 25.77 percent ownership or 1,594,467,000 shares. PT Megah Eraraharja (ME), owned by Salim Group, is the controlling shareholder of DNET and its subsidiaries.

As of March 31, 2021, Megah Eraraharja owns 26.60 percent or 3,773,443,869 DNET shares. Meanwhile, Hannawell Group Limited controlled 39.35 percent or 5,581,931,400 shares.

Anthony Salim owns 25.30 perseb or 3,588,278,023 DNET shares. The remaining 8.75 percent is owned by the public (ownership is below 5 percent).

Anthony Salim, the boss of Salim Group, is listed as the chief commissioner of Fast Food Indonesia. One of the richest people in Indonesia also serves as President and CEO of Salim Group and President Director CEO of PT Indofood Sukses Makmur Tbk (INDF).