- Business
- PT Leyand International Tbk (LAPD.JK) is an Indonesia-based investment holding company and management consultancy that primarily operates through its 51%-owned subsidiary PT Rusindo Eka Raya, engaging in the distribution and logistics of fast-moving consumer goods (FMCG) including raw materials and chemical products; it previously focused on electricity generation and rental of diesel power plant machines at sites in Medan, Palembang, and Pontianak, as well as energy sector consulting, oil trading, and natural resource construction before divesting plastic packaging operations in 2009. The company, founded in 1990 as PT Lemahabang Perkasa and listed on the Indonesia Stock Exchange since 2001, maintains its headquarters at Panin Tower, 11th Floor, Jl. Asia Afrika Lot 19, Senayan City, South Jakarta. In June 2023, it amended its articles of association and acquired 51% of PT Rusindo Eka Raya for business diversification into consumer goods distribution; most recently, in November 2025, PT JSI Sinergi Mas completed acquisition of a 51% controlling stake in Leyand from prior shareholders including PT Laymand Holdings Pte Ltd and Leo Andyanto at IDR 10 per share for approximately IDR 20-32 billion, positioning JSI as the new controller with plans for a mandatory tender offer and potential asset injections such as silica sand mining synergies.