PT Medco Power Indonesia was established in 2004 as an Independent Power Producer (IPP) and provider of Operation and Maintenance (O&M) services. Currently, Medco Power owns and operates more than 3,100 MW, spread across 15 locations in Indonesia.
Medco Power, through its subsidiary, PT Medco Ratch Power Riau (MRPR), was appointed as the winner of a tender for the Riau 275 MW CCPP project in Pekanbaru,Riau. The power purchase agreement was signed in April 2017, followed by the issuance of PLN’s Financing Date Declaration in September 2018. Riau CCPP has reached commercial operation in February 2022.
Medco Power is also developing Sumbawa Solar PV project with capacity of 26 MWp. Sumbawa Solar PV is planned to operate commercially starting Q2 2022. Furthermore, Medco Power will develop West and East Bali Solar PV projects with total capacity of 2×25 MWp. In addition, Medco Power has implemented electric vehicles as operational cars in its head office and subsidiaries such as in Riau, Batam and Jepara.

PT Pertamina Training & Consulting (PTC) is a subsidiary of PT Pertamina (Persero), Indonesia’s state-owned oil and gas company. Established in 1999 under the name PT Patra Tridaya, the company officially began its operations in 2002. PTC was formed to support Pertamina’s strategic objectives in human resource development and operational excellence. Over the years, PTC has evolved into a multifaceted service provider offering a wide range of solutions in training, consulting, manpower supply, security services, event management, and competency assessment. Its role within the Pertamina Group is to ensure that the workforce and organizational systems are aligned with global standards and capable of supporting the dynamic needs of the energy sector.

PT Trakindo Utama is a prominent company in Indonesia, known for its extensive range of heavy machinery and equipment. Founded on December 23, 1970, by the late AHK Hamami, PT Trakindo Utama has grown to become the sole authorized dealer of Caterpillar Inc. in Indonesia. This milestone marked PT Trakindo Utama as the first locally owned heavy machinery company in the country.
Over the years, PT Trakindo Utama has been instrumental in Indonesia's development and growth. The company is supported by state-of-the-art facilities, advanced technology, and a network of branches spread across the nation. PT Trakindo Utama offers a wide range of products, including Caterpillar equipment, engines, forklifts, and spare parts. Their product lineup includes large dozers, medium wheel loaders, motor graders, mini excavators, and off-highway trucks, among others.

PT GMF AeroAsia Tbk, officially known as PT Garuda Maintenance Facility AeroAsia Tbk, is a leading provider of aircraft maintenance, repair, and overhaul (MRO) services in Indonesia. Established as a strategic business unit of Garuda Indonesia in 1984, the company has evolved into an independent entity specializing in comprehensive MRO solutions for commercial and military aircraft. Headquartered at Soekarno-Hatta International Airport in Jakarta, GMF AeroAsia operates from a vast facility equipped with advanced infrastructure and technical capabilities to support a wide range of aircraft types and maintenance needs. With a workforce of over 5,000 professionals, the company plays a critical role in ensuring the safety, reliability, and performance of aviation fleets across the region.

PT Bank Negara Indonesia (Persero), Tbk (BNI) was originally established in Indonesia as a central Bank under the name of “Bank Negara Indonesia” on July 5, 1946. Subsequently, BNI became “Bank Negara Indonesia 1946”, with the status of a State-owned Commercial Bank. Additionally, BNI’s role as a Bank was mandated to improve the people’s economy and participate in national development.
BNI as a State Owned Enterprise was the first to became a public company after listing its shares on the Jakarta Stock Exchange and the Surabaya Stock Exchange in 1996. To strengthen its financial structure and competitiveness in the national banking industry, BNI conducted a number of corporate actions, including being recapitalized by the Government in 1999, Government share divestment in 2007, and a limited public offering in 2010.

PT Vale Indonesia was established by Deed No. 49 dated July 25, 1968, drawn up before Eliza Pondaag, a public notary in Jakarta. We operates under a Contract of Work, which was amended with a Special Mining Business Permit (IUPK) on May 13, 2024. The contract is valid until December 28, 2035, and the concession covers an area of 118,017 Ha covering South Sulawesi (70,566 hectares), Central Sulawesi (22,699 hectares) and Southeast Sulawesi (24,752 hectares).
In producing nickel in the Sorowako Block, we use pyro metallurgical technology (in melting the laterite nickel ore). The Company mines laterite nickel ore and processes it into the final product of nickel in matte.
The Company also continues its plan to developing integrated mining practices through the Indonesia Growth Project (IGP) in Morowali Regency, Central Sulawesi, and in Kolaka Regency, Southeast Sulawesi. The development project also targets existing operational locations, in East Luwu Regency, South Sulawesi.
As the two largest shareholders, MIND ID (PT Mineral Industri Indonesia) and Vale Canada Limited (VCL) jointly control PT Vale Indonesia Tbk. MIND ID holds the largest share in the company at 34.00%, while VCL holds approximately 33.88%.

Bank Mandiri Taspen, also known as Bank Mantap, is a subsidiary of Bank Mandiri that provides banking services specifically for retired civil servants (PNS) and military personnel (TNI / Polri). Established on February 23, 1970, as Bank Pasar Sinar Harapan Bali, it has undergone several transformations over the years. Initially a cooperative, it became a limited liability company (PT) on November 3, 1992, and later transformed into a full-fledged bank.
In 2008, Bank Mandiri acquired Bank Sinar Harapan Bali, leading to a restructuring process that involved Bank Mandiri, PT Taspen, and PT Pos Indonesia. This restructuring resulted in the renaming of the bank to PT Bank Mandiri Taspen Pos on August 7, 2015, and later to PT Bank Mandiri Taspen on October 9, 2017.
Bank Mandiri Taspen offers a variety of financial products and services tailored to the needs of its target customers, including savings accounts, deposits, loans, gold pawn services, and bill payment platforms. The bank is committed to supporting the financial well-being of retired civil servants and military personnel, helping them maintain a stable income even after retirement.

The Financial Services Authority (OJK) is an independent state institution responsible for regulation, supervision, examination, and investigation within the financial services sector. OJK plays a crucial role in ensuring that financial activities are conducted in a structured and transparent manner, safeguarding consumer interests while maintaining financial stability.
The vision of OJK is to become a trusted financial services industry supervisor, protecting consumer and public interests while enabling the financial services industry to serve as a pillar of the national economy with global competitiveness. Through its oversight, OJK aims to advance public welfare and strengthen Indonesia’s financial sector.
To achieve this vision, OJK has established the following mission objectives: ensuring that all financial sector activities are conducted in an orderly, fair, transparent, and accountable manner, fostering a financial system that grows sustainably and remains stable, and protecting consumer and public interests. These principles guide OJK’s regulatory and supervisory efforts.