Irwan Hidayat invites the public to save shares

Director of Sido Muncul, Irwan Hidayat. (Photo: Sido Muncul)

JAKARTA - Sido Muncul Director, Dr. (H.C.) Irwan Hidayat is actively conveying his view that the public needs to save stocks. This, according to him, is to increase the participation of local investors in the midst of national economic dynamics.

Some time ago, PT Industri Jamu Dan Farmasi Sido Muncul Tbk (Sido Muncul) held a stock savings education for thousands of employees and students in Semarang on Monday, March 30. Irwan stated his ambition that the Indonesian people would be more dominant as domestic investor participants.

Furthermore, Irwan emphasized the importance of having pride in local instruments and brands that have proven their quality.

"I want Indonesians to be participants in domestic investors. I have proven that I use the name of Tentrem Hotel, Bima Fried Chicken, it does not depend on other people's brands," said Irwan.

The placement of assets in the right instruments is considered the key to keeping wealth productive. Irwan considers financial diversification as a crucial provision towards the economic independence of the wider community.

This investment interest, according to him, can start from a small scale according to the financial ability of each individual. He gave an overview that funds that usually run out without a trace can be allocated to the capital market.

"Everyone can save money. In a month, let's assume we save Rp. 100,000, some Rp. 200,000, some Rp. 2 million, according to their income. If the money is just saved or brought home, it can be over in a year without feeling it. Why not save in the form of shares?" said Irwan.

However, he reminded prospective investors to remain selective in determining issuers. Financial track record and consistency of dividend distribution are the main parameters in choosing investment target companies.

This education is not just theory, but is accompanied by direct practice to manage finances in a tangible way. Sido Muncul encourages around 4,000 employees to start looking at stocks as a future savings.

Based on internal data, currently only 30 employees have company shares. Therefore, this campaign is carried out to change the mindset of workers in managing their income.

"If you just teach, people often forget. The most important thing is practice. So, I implement this today for my employees," said Irwan.