Salim Group Stock List 2026, Not Just Indofood!

2026-08-31

List of Salim Group Stocks 2026, Not Just Indofood!

List of stocks Salim Group’s stock portfolio in 2026 extends far beyond Indofood. Businesses linked to Anthoni Salim span food, plantations, retail, data centers, banking, mining, and infrastructure. 

However, the ownership relationships vary, as some companies are controlled by the group, some are subsidiaries, some are directly owned by Anthoni Salim, and others are strategic investments held through different entities.

Key Takeaways

  • Salim Group has exposure to many sectors on the Indonesia Stock Exchange (IDX).
  • INDF is not the only stock linked to Salim Group.
  • The ownership status of each listed company needs to be distinguished.

List of Salim Group Stocks on the IDX in 2026

Below are several Salim Group-related stocks that are most relevant to watch in 2026. This list includes core companies, subsidiaries, direct holdings, and listed companies with strategic involvement from Anthoni Salim.

1. Indofood Sukses Makmur (INDF)

INDF is one of the major companies most closely associated with Salim Group. Its businesses cover consumer food, Bogasari, agribusiness, and distribution through various subsidiaries.

First Pacific Investment Management Limited is recorded as owning 50.07% of INDF shares, while Anthoni Salim directly owns around 0.02%. Anthoni Salim also has an interest in First Pacific Company Limited.

Also read: NVDA September Outlook: Will Nvidia Stock Rally Again or Correct?

2. Indofood CBP Sukses Makmur (ICBP)

ICBP is an INDF subsidiary focused on branded consumer products. Its products include instant noodles, dairy products, snacks, food seasonings, nutrition products, and beverages.

Its connection to Salim Group comes through Indofood’s ownership structure. As a result, investors seeking more direct exposure to the branded consumer products segment often distinguish ICBP from its parent company, INDF.

3. Salim Ivomas Pratama (SIMP)

SIMP is an important part of Indofood Group’s agribusiness operations. Its businesses include plantations, palm oil processing, edible oils and fats, and integrated agribusiness activities.

Its position means Salim Group does not rely solely on finished food products. The group also has exposure to raw-material supply chains and plantation commodities.

4. PP London Sumatra Indonesia (LSIP)

LSIP is also part of Indofood Group’s agribusiness ecosystem. The company operates plantation businesses primarily related to palm oil and other agricultural commodities.

LSIP shares have a different profile from INDF and ICBP because their performance is more sensitive to commodity prices and conditions in the plantation industry.

Also read: IDX Composite Rises After Peaceful Protest, Are Investors Optimistic Again?

5. Indoritel Makmur Internasional (DNET)

DNET is one of the important investment vehicles linked to Anthoni Salim. Its portfolio provides exposure to businesses such as minimarket networks, consumer products, restaurants, and telecommunications infrastructure.

As of the end of 2025, PT Megah Eraraharja was recorded as the controlling shareholder with a 20.13% stake. Company documents also identify Anthoni Salim as the ultimate beneficial owner of the company’s shares.

6. DCI Indonesia (DCII)

DCII makes the list of Salim Group-related stocks more interesting because its business operates in the data center sector. Anthoni Salim holds a significant direct stake in the company.

In the 2025 report, Anthoni Salim’s ownership was recorded at 11.12%, or around 265 million shares. This makes him one of DCII’s major shareholders, although he is not the company’s controlling shareholder.

7. Bank Ina Perdana (BINA)

Salim Group also has exposure to the financial sector through BINA. The connection runs through PT Indolife Pensiontama, which forms part of the bank’s ownership structure.

This means BINA adds to Salim Group’s business diversification beyond consumer goods and commodities. Investors should still review the latest ownership disclosures because the shareholding structure of a public company can change.

8. Bumi Resources (BUMI)

BUMI is one example of a stock with a more complex ownership relationship. It would be inaccurate to describe this coal company solely as a Salim Group company because both the Bakrie and Salim groups are involved.

As of July 30, 2026, Mach Energy (Hongkong) Limited was recorded as owning 45.78% of BUMI. The company’s website lists Nirwan Dermawan Bakrie and Anthony Salim as beneficial owners.

Also read: Do National Security Conditions Affect the IDX Composite? Here’s the Explanation

9. Amman Mineral Internasional (AMMN)

Salim Group also has exposure to the copper and gold sectors through AMMN. This relationship is indirect and runs through investment-company and affiliate structures.

Because its ownership structure is layered, AMMN is more accurately classified as an investment or affiliated listed company rather than a direct Salim Group subsidiary.

10. Elang Mahkota Teknologi (EMTK)

EMTK is known as a media and technology group, but Anthoni Salim is also recorded as having an investment in the company. This holding provides additional exposure to the media sector and digital economy.

EMTK’s relationship with Salim Group differs from INDF because it is not a core company controlled by Salim Group. This distinction is important when compiling a list of stocks associated with Anthony Salim.

Also read: TMPO Jumps 34.76% in a Day, Leaving the Market Wondering: Why?

Salim Group’s Stock Exposure Is Even Broader

Beyond the tickers above, the business map linked to Salim Group also includes several other listed companies. These include BRMS in minerals, MEDC in energy, META in infrastructure, and IMAS and IMJS in the automotive and financing sectors.

In simple terms, Salim Group’s stock exposure can be grouped as follows:

  • Consumer: INDF and ICBP
  • Agribusiness: SIMP and LSIP
  • Retail: DNET
  • Technology: DCII and exposure to EMTK
  • Financials: BINA
  • Mining: BUMI, BRMS, and AMMN
  • Energy: MEDC
  • Infrastructure: META
  • Automotive: IMAS and IMJS

The list does not mean that all of these companies are directly controlled by Anthoni Salim. Some are connected only through investments, affiliated companies, or indirect ownership structures.

Also read: KOTA Stock Rises Again to Rp164, Can It Break Above Rp189?

Which Salim Group Stocks Are Worth Watching?

No stock automatically becomes the best choice simply because it is linked to Salim Group. INDF’s profile as a defensive consumer business is clearly different from DCII’s data center business or BUMI’s sensitivity to commodity cycles.

Before choosing a stock, consider at least the following factors:

  • revenue and earnings growth;
  • valuation compared with peer companies;
  • cash flow and debt levels;
  • dividend policy;
  • shareholder structure;
  • business-sector outlook.

A conglomerate’s name can be a starting point for research, but it should not be the sole reason to buy a stock. Company fundamentals and the price paid remain more important in determining potential returns and risks.

If you also follow developments in crypto and digital assets, you can sign up for Bittime and follow the latest market news updates. Stocks and crypto have different risk characteristics, so analyze each asset class separately before making a decision.

Conclusion

The 2026 list of Salim Group-related stocks shows business diversification that extends far beyond Indofood. INDF, ICBP, SIMP, LSIP, and DNET sit close to the group’s core ecosystem, while DCII, BUMI, AMMN, EMTK, and several other listed companies provide exposure through direct ownership or strategic investments.

The most important step is to understand the ownership structure before calling a listed company a “Salim Group stock.” After that, compare fundamentals, valuation, sector prospects, and risks so the investment choice is not based solely on the prominence of its owners.

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FAQ

Which Salim Group stocks are listed on the IDX?

Several stocks strongly linked to Salim Group include INDF, ICBP, SIMP, LSIP, DNET, BINA, DCII, BUMI, and AMMN. The level of ownership and control differs from one company to another.

Is Indofood owned by Salim Group?

INDF is controlled through First Pacific Investment Management Limited, which owns 50.07% of the shares. Anthoni Salim also has an interest in First Pacific Company Limited.

Is DCII one of Anthony Salim’s stocks?

Anthoni Salim is one of DCII’s major shareholders with an 11.12% stake. However, he is not DCII’s controlling shareholder.

Is BUMI part of Salim Group?

BUMI is connected to Salim Group through Mach Energy’s ownership structure. The company lists Nirwan Dermawan Bakrie and Anthony Salim as beneficial owners as of July 30, 2026.

Which Salim Group stock is the best?

There is no single answer because each listed company has a different sector, valuation, and risk profile. Investors should compare financial statements, growth, debt, valuation, and business prospects before choosing.

Disclaimer: The views expressed belong exclusively to the author and do not reflect the views of this platform. This platform and its affiliates disclaim any responsibility for the accuracy or suitability of the information provided. It is for informational purposes only and not intended as financial or investment advice.

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