PT Bank Muamalat Indonesia Tbk (BMI) (“BMI”, “Bank”) is the first bank in Indonesia to adopt the Sharia banking concept. The Company was established based on Deed of Establishment No. 1 dated November 1, 1991, or Rabiul Akhir 24, 1412 Hijriah. BMI was founded by the Indonesian Council of Ulema (MUI), the Association of Indonesian Muslim Intellectuals (ICMI), and Muslim entrepreneurs, later supported by the Government of the Republic of Indonesia. The Company began operations on May 1, 1992, or Shawwal 27, 1412 H, a date also designated as the Company’s founding day. Bank Muamalat is a public company whose shares are not listed on the Indonesia Stock Exchange (IDX) and has officially operated as a Foreign Exchange Bank since October 27, 1994. BMI continues to innovate by launching Sharia financial products such as the Mudharabah Subordinated Sukuk, Sharia Insurance (Takaful Insurance), Muamalat Financial Institution Pension Fund (DPLK Muamalat), and Sharia multifinance (Al-Ijarah Indonesia Finance), all of which are pioneering initiatives in Indonesia. Additionally, the Shar-e product launched in 2004 was the first instant savings product in Indonesia.
PT Adaro Andalan Indonesia, formerly known as PT Alam Tri Abadi, was established in 2004. It operates as a holding company with businesses spanning the thermal coal, logistics, land, investments, and power generation sectors. Its operational areas include South Kalimantan, South Sumatra, and Central Kalimantan. The Company and its subsidiaries follow a vertically integrated business model, starting with coal mines as the initial point in their supply chain and culminating with power plants. The Company has achieved notable milestones since its inception. In 2005, it acquired AI, a thermal coal company that had been producing Envirocoal since 1992 under a Government of Indonesia contract. AI’s production surged in 2006, reaching 34.4 million tonnes. Subsequent acquisitions marked the expansion of the Group, including AL in 2009, MIP in 2011, and SCM, LSA, and PCS in 2013. By 2014, SCM commenced commercial production with 890 thousand tonnes of coal. Strategic growth continued with a partnership formed in 2016 between AI and EGAT International Company Limited (EGATi). This alliance resulted in AI issuing shares, with proceeds strengthening its financial position. The same year saw PT Sarana Rekreasi Mandiri rebranded to PT Adaro Tirta Mandiri, transitioning its focus to water treatment systems. Another significant milestone came in 2017, when Arindo Mauritius was listed on the Stock Exchange of Mauritius, raising $12.1 million for future growth financing.
PT Astra International Tbk was established in 1957 in Jakarta as a general trading company under the name Astra International Inc. In 1990, for the purpose of the Company's Initial Public Offering (IPO), the name of the Company changed to PT Astra International Tbk, followed by listing its shares on the Indonesia Stock Exchange under the ticker code ASII. Market capitalization of Astra as at the end of year 2019 was Rp280.3 trillion. Pursuant to the articles of association, the Company may engage in the following business activities: general trading, industry, mining, transportation, agriculture, construction, services and consultancy. By 2019, Astra has expanded its business by implementing a business model based on synergies and diversification within seven business segments, consisting of: Automotive; Financial Services; Heavy Equipment, Mining, Construction, & Energy; Agribusiness; Infrastructure and Logistics; Information Technology; Property.
PT Patra Badak Arun Solusi (PBAS) Re-Branding to PT Pertamina Maintenance & Construction (PertaMC) which is a Subsidiary of PT Pertamina Patra Niaga. PertaMC strengthen The Company's business scope which focus on Construction and Operation & Maintenance (O&M) services but are not limited to supporting Plant Services (PS) and Consulting & Manpower Services (CMPS). PertaMC has been successful in carrying out Construction projects both in Indonesia and overseas. Years of experience, either alone or in consortium with other leading national and international Construction companies, have equipped us with proven capability to manage a wide range of assignments and transform our technical capabilities into solid expertise. PertaMC has also established a network with manufacturers and suppliers based on mutual trust and a strong commitment to ensure that PertaMC provides all of the required logistics on schedule. Advance tools, cost-effectiveness and systems are our keys in providing reliable services. Some of Integrated Construction projects we have succesfully accomplished are the SPBE and Gas Station Construction, Tank Construction, Pipeline, Metering System and Gathering Station.
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.
Presenting a new level of service excellence in air travel, Garuda Indonesia, the national airline of Indonesia, seamlessly connects 60 destinations worldwide, including exotic locations in the beautiful archipelago of Indonesia all at once. As a national flag carrier, the airline proudly serves its passengers with the award-winning distinct service “Garuda Indonesia Experience”, which highlights Indonesia’s warm hospitality and rich diverse culture. Garuda Indonesia group currently operates a total of 210 aircraft with an average age of less than five years, consist of 142 fleets which operate by Garuda Indonesia, and 68 fleets operate by Citilink as a Low-Cost Carrier.
PT Bank BCA Syariah is a prominent Islamic bank in Indonesia, offering a wide range of Sharia-compliant financial products and services. Established to cater to the growing demand for Islamic banking, BCA Syariah operates under the supervision of the Financial Services Authority (OJK) and Bank Indonesia. The bank is committed to providing reliable and competitive banking solutions that adhere to Islamic principles. BCA Syariah offers a variety of products and services designed to meet the diverse needs of its customers. These include Sharia-compliant savings accounts, current accounts, financing options such as Murabahah (cost-plus financing), Ijarah (lease financing), and Musyarakah (profit-sharing financing). The bank also provides investment products like Sukuk (Islamic bonds) and Tabarru' (donations) accounts. Additionally, BCA Syariah offers electronic banking services through its Klik BCA Syariah platform, allowing customers to conduct transactions conveniently and securely online.
PT Bank BCA Syariah is a prominent Islamic bank in Indonesia, offering a wide range of Sharia-compliant financial products and services. Established to cater to the growing demand for Islamic banking, BCA Syariah operates under the supervision of the Financial Services Authority (OJK) and Bank Indonesia. The bank is committed to providing reliable and competitive banking solutions that adhere to Islamic principles. BCA Syariah offers a variety of products and services designed to meet the diverse needs of its customers. These include Sharia-compliant savings accounts, current accounts, financing options such as Murabahah (cost-plus financing), Ijarah (lease financing), and Musyarakah (profit-sharing financing). The bank also provides investment products like Sukuk (Islamic bonds) and Tabarru' (donations) accounts. Additionally, BCA Syariah offers electronic banking services through its Klik BCA Syariah platform, allowing customers to conduct transactions conveniently and securely online.