- Business
- PT Mark Dynamics Indonesia Tbk manufactures and sells hand formers, or glove molds, primarily for nitrile and latex gloves used in medical examination, surgical, household, industrial, and custom-made applications; it also produces sanitary products such as toilets from ceramic waste generated in the hand former segment and distributes agricultural products including chemicals, pesticides, and modern farming equipment through its subsidiary PT Berjaya Dynamics Indonesia. Founded on April 10, 2002, as PT Megah Raya Sumatera in Medan and headquartered in Deli Serdang, North Sumatra, Indonesia, the company operates main production facilities in the Medan STAR Industrial Area and a second plant in Desa Dalu, Tanjung Morawa, with a monthly capacity exceeding two million hand former units and a global market share of approximately 40-42%, serving major glove manufacturers in Malaysia, Thailand, China, the United States, and domestically. In 2020, it acquired 99% stakes in PT Berjaya Dynamics Indonesia and PT Agro Dynamics Indonesia for IDR 70 billion to expand into agriculture distribution; that same year, it diversified into sanitation products; the company listed on the Indonesia Stock Exchange via IPO in 2017 and, as a subsidiary of Tecable (HK) Co. Limited, announced an interim dividend of IDR 20 per share totaling IDR 76 billion payable on November 27, 2025.