PT Adhi Karya (Persero) Tbk. is one of Indonesia’s leading state-owned enterprises in the construction and infrastructure sector, with a long history that reflects the nation’s development journey. Established in 1960, the company has grown into a diversified corporation engaged in engineering, construction, property, manufacturing, investment, and concessions.
PT Adhi Karya (Persero) Tbk. originated from a Dutch-owned company called NV Associatie, which was nationalized by the Indonesian government in 1960. This marked the beginning of Adhi Karya as a state-owned enterprise, initially tasked with supporting the country’s infrastructure development during the early years of independence. In 1974, the company officially became a limited liability company, and later it was listed on the Indonesia Stock Exchange under the ticker symbol ADHI. This transformation allowed Adhi Karya to expand its business scope and strengthen its role in national development.

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.

Petroliam Nasional Berhad (PETRONAS) is a leading global energy company committed to powering society’s progress in a responsible and sustainable manner. With close to 50,000 employees and a global reach spanning over 100 countries, we are ranked among the world’s largest corporations by revenue in the Fortune Media IP Ltd’s 2022 Fortune Global 500® list.
PETRONAS has been operating in Indonesia for more than 20 years, starting with its venture into a non-operator equity for the Ketapang Contract Area in 2000. PETRONAS is currently holding participating interest in 9 Contract Areas across Indonesia, with 4 of them already in the production stage. PETRONAS has also consistently and successfully implemented various social and community programmes, focusing on education, capacity building, environment, health, as well as community wellbeing and development which are governed by its large Corporate Sustainability Framework.

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.

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.

PT Patra Drilling Contractor (PDC) is a national company in Indonesia that specializes in providing drilling services for the oil and gas industry. Established on September 11, 1981, PDC was the first Indonesian company to offer offshore drilling services, marking a significant milestone in the country’s energy sector. Headquartered in Jakarta, PDC has grown into a reputable service provider with a workforce ranging from 1,001 to 5,000 employees. Over the years, the company has expanded its capabilities to include onshore drilling support, auxiliary well services, and integrated support functions such as catering and logistics.

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 Pelita Air Service (PAS), established in 1970 in Indonesia, began its journey in the exploration and exploitation of oil and natural gas fields. Over the years, PAS has evolved into a leading provider of aviation and industrial services, offering award-winning solutions that cater to diverse needs. As part of its commitment to excellence, the company has built a reputation for reliability and innovation in transportation, training, maintenance, and other specialized services.
In aviation, PAS has demonstrated exceptional capabilities, logging 37,884 flight hours between 2014–2017. Its extensive network includes five base stations, with a fleet comprising 15 rotary-wing aircraft (helicopters) and nine fixed-wing planes. Notably, PAS plays a crucial role in Papua’s "1 Fuel Price" program, transporting over 150 kiloliters of fuel monthly to support equitable fuel access in remote areas.