PT Bank Rakyat Indonesia (Persero) Tbk, commonly known as BRI, is one of Indonesia's largest commercial banks and a state-owned enterprise. Established on December 16, 1895, in Purwokerto by Raden Bei Aria Wirjaatmadja, BRI has a long history of providing financial services to the Indonesian population. Over the years, BRI has evolved to meet the changing needs of its customers and has become a key player in Indonesia's banking sector. BRI offers a wide range of banking products and services, including savings and current accounts, foreign currency deposits, mortgage loans, working capital loans, investment loans, and micro, small, and medium enterprise (MSME) loans. The bank also provides supply chain financing and bank guarantees, catering to both individual and corporate clients. With over 144 million micro deposit customers, BRI has a strong presence across Indonesia, with 449 branches and 13,863 ATMs.
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.
Citilink Indonesia has become the fastest growing airline in Indonesia since 2011 at the time when it took the first Airbus A320 aircraft and accelerated growth as part of Garuda Group’s effort to compete aggressively on the budget traveler segment. PT Citilink Indonesia is a subsidiary of Garuda Indonesia which based on the Natakusumah Notarial Deed No. 01 dated January 6th, 2009 in Sidoarjo, East Java. The deed of establishment was approved by Ministry of Law and Human Rights (Kemenkunham) under approval letter No. AHU-14555.AH.01.01 year 2009 dated April 22nd, 2009. Citilink Indonesia's shareholder at the time of its establishment was 67% PT Garuda Indonesia (Persero) Tbk. ("Garuda") and 33% PT Aerowisata ("Aerowisata"). Since May 2011, Citilink Indonesia’s flight was managed by Garuda Indonesia’s Strategic Business Unit (SBU) which operated under Garuda’s AOC and using Garuda flight number.
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%.
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 Djarum is one of Indonesia's largest and most well-known tobacco companies. It was founded on April 21, 1951, by Oei Wie Gwan in Kudus, Central Java. The company is famous for producing kretek, a type of cigarette made from a blend of tobacco and cloves. PT Djarum is also known for its significant contributions to the local community and various corporate social responsibility (CSR) initiatives. PT Djarum offers a wide range of career opportunities across various departments, providing a dynamic and supportive work environment for its employees. PT Djarum is committed to the growth and development of its employees. The company offers various training programs, both domestically and internationally, to enhance skills and knowledge. Employees have opportunities to attend seminars, workshops, and other professional development activities.
PT Indofood CBP Sukses Makmur Tbk (“ICBP”) is among the most established leading players in the consumer branded products sector. We are engaged in a wide range of product categories, including noodles, dairy, snack foods, food seasonings, nutrition and special foods, and beverages. We also operate a packaging business that produces flexible and corrugated packaging for our products. We provide everyday food and beverage solutions for consumers of all ages across market segments, with more than 30 leading product brands. Many of these brands enjoy significant market shares in Indonesia, backed by decades of deep consumer trust and loyalty. In particular, Indomie, our flagship brand for instant noodles, has grown to become an international brand with strong market leadership extending beyond Indonesia.
Bank Mega, officially known as PT Bank Mega Tbk, is a prominent financial institution in Indonesia. Established in 1969 under the name PT Bank Karman, it underwent a significant transformation in 1992 when it was acquired by the Para Group, now known as CT Corp. This acquisition marked the beginning of a new era for the bank, leading to its rebranding as Bank Mega. The bank's headquarters is located in Jakarta, Indonesia, and it operates a vast network of branches and ATMs across the country, providing a wide range of financial services to its customers. Bank Mega offers a comprehensive suite of banking products and services, catering to both individual and corporate clients. These services include savings and checking accounts, fixed deposits, loans, credit cards, and investment products. The bank is also known for its innovative digital banking solutions, which provide customers with convenient and secure access to their accounts and transactions through online and mobile platforms. This focus on digital innovation has helped Bank Mega stay competitive in the rapidly evolving financial landscape.