Ristia Bintang Mahkotasejati RBMS

 Starting since May 22, 1985, when the Ristia Group started its business through developing middle-class housing, a first commercial housing project was born in Bekasi (Perumahan Bintang Metropole), Tangerang (Perumahan Mahkota Simprug) and Karawang (Saung Riung). This achievement solidified the steps of Ristia Group to register itself as a public company on the Indonesia Stock Exchange in 1997, under the RBMS code (PT Ristia Bintang Mahkotasejati Tbk). Since then, RBMS has continued to produce new works, both through self-management and through Subsidiaries and Associations.

 Going forward, Ristia Group continues to improve operational performance through long-term plans that include the development of FLPP projects in Karawang and the mixed-use area with the concept of transit oriented development to hotel and resort businesses.

FLPP HOUSING

The Company is committed to continuing to develop FLPP housing, especially in the Karawang area by maintaining the number of landbanks through land purchase and acquisition of companies that already have location permits.

HOTEL & RESOR

The company owns the Le Méridien Bali Jimbaran hotel which was officially opened in 2013. Designed modern and classy, while maintaining local elements, the hotel is managed by Marriott International, one of the largest hotel chain operators in the world.

MIXED-USE BASED ON TRANSIT-ORIENTED DEVELOPMENT (TOD)

Through the Association of PT Nusantara Almazia (NA), the Company will build a mixed-use complex equipped with apartments, shops, offices, hotels, schools, hospitals with easy access to transportation and mobility in the city of Tangerang. Ristia Bintang Mahkotasejati RBMS

1985

Established in Jakarta and launch its first commercial housing project, the Bintang Metropole Housing, Bekasi

1995

Developing a second housing project, namely Mahkota Simprug Housing in Ciledug, Tangerang.

1997

Registered as a public company on the Indonesia Stock Exchange.

1998

Participated in shares in one of the subsidiaries, PT Bhaskara Mutu Sentosa, to 99.93%.

2010

Adding a 15 ha landbank in East Karawang and developed as Saung Riung housing.

2011

The 40% shareholder of PT Tiara Raya Bali International (TRBI) owns Le Méridien Bali Jimbaran.

2013

Grand Opening Le Méridien Bali Jimbaran.

2016

• The acquisition of 99.98% stake in PT Alam Indah Selaras, which has built housing on a 12 ha area and has a location permit for development of 30 ha.
• Received the BTN Property Award as one of 3 developers with the realization of the largest national FLPP credit agreement, through the Association of PT Nusantara Almazia (NA). Similar awards have also been given in 2012 and 2014.

2018

Conduct Corporate Action Limited Public Offering for Capital Additions with Pre-emptive Rights (PMHMETD) I and II, where funds collected are used for:

• Increase share ownership in TRBI to 99.66%.
• Acquired a 70% stake in PT Manggala Citra Abadi which has a land permit of 6.1 ha and a location permit of 8.35 ha.
• Acquired a 43.66% stake in PT Nusantara Almazia (NA) which owns land in East Karawang and Tangerang.  Ristia Bintang Mahkotasejati RBMS

Vision

Become a leader in the supply and development of property that emphasizes quality.

Mission

1. Improve the quality of life of low and middle income people by building quality housing with adequate facilities.
2. Build a world-class resort with international management.
3. Follow and apply technology in development to improve the quality of occupancy.  Ristia Bintang Mahkotasejati RBMS

Head Office
Gedung Ribens
Jl. RS. Fatmawati No. 188, Jakarta
Telephone 021 751 1441 & 021 750 5000
Facsimile 021 751 1025
Email ristiabintangmahkotasejati@gmail.com
Ristia Bintang Mahkotasejati RBMS 



Ristia Bintang Mahkotasejati RBMS

Modern Apartment Building  

Pakuwon Jati PWON

Pakuwon Jati is an established brand name with over 36 years of experience successfully developing, marketing and operating properties

 Established in 1982 and listed on both the Jakarta and Surabaya Stock exchanges since 1989, Pakuwon Jati is a diversified real estate developer focused in Jakarta and Surabaya. The Company's portfolio of prime properties includes retail, residential, commercial and hospitality developments. The Company is vertically integrated across the full real estate value chain from land acquisition, property development, marketing and operational management.

 Pakuwon Jati is the pioneer of the Superblock concept in Indonesia, a large-scale integrated mixed-use development of retail shopping mall, office, condominium and hotel. Its successfull track record and reputation within the property industry has secured strong long-term relationship with tenants and buyers, which provides a stable platform for rapid business expansion. Pakuwon Jati PWON

 PT. Pakuwon Jati Tbk. was established based on Notarial Deed No. 281 dated September 20, 1982 of Kartini Muljadi, SH, notary in Jakarta. The Deed of Establishment was approved by the Minister of Justice in his Decision Letter No. C2-308. HT.01.TH.83, dated January 17, 1983, and was published in the State Gazette No. 28, dated April 8, 1983 Supplement No. 420.

 The Company’s Articles of Association was amended several times, the last amendment was with Notarial Deed No. 24 dated October 21, 2015, to conform with the Regulation of Financial Service Authority (Otoritas Jasa Keuangan). This latest amendment was notarized by Esther Mercia Sulaiman, SH, notary in Jakarta and approved by amendments were approved by Minister of Law and Human Rights of Republic of Indonesia through Letter No. AHU-AH. 01.03-0974354 dated October 23, 2012. The Company's presence in the property industry began with Tunjungan Plaza I , the first modern shopping center in Surabaya in operation since 1986. In 1989 PT Pakuwon Jati Tbk became the first property company listed in the Jakarta Stock Exchange.

 At the beginning of two decades of the Company's operations were still focused in Surabaya through Superblock Tunjungan City and Pakuwon City development.

 The year 2007 marked the Company's presence in Jakarta market through the development project of Superblock Gandaria City that has later been in operation since 2010. The presence in Jakarta market was bigger through Superblock Kota Kasablanka project that has been in operation two years later.

The Company continues to grow as one of the leading developers in Indonesia supported with a well-balanced portfolio of development and investment properties.  Pakuwon Jati PWON

Vision

Together We Grow with our shareholders, employees, tenants and consumers.

Mission

• To become the leading non-strata retail shopping centers developer in Indonesia
• To develop the best superblocks and townships toward better living quality
• To become the best working place in the country’s property industry
• To optimize the returns on investments for our tenants and buyers Pakuwon Jati PWON

Pakuwon Jati PWON

Pakuwon Group 35 Years Anniversary Company Profile

PP PTPP

 For more than six decades, PT PP (Persero) Tbk has successfully become one of the main players in national construction business through the accomplishment of various big projects across Indonesia.

1953

PT PP (Persero) was established under the name of NV Pembangunan Perumahan based on the Notarial Deed No. 48 of August 26, 1953. At the time it was established PT PP (Persero) was estrusted to build houses for the officers of PT Semen Gresik Tbk, a subsidiary of BAPINDO in Gresik. Along with increased trust, PT PP (Persero) received the duty to construct large projects that were related to war compensations the Government of Japan paid to the Republic of Indonesia, namely : - Hotel Indonesia, Bali Beach Hotel, - Ambarukmo Palace Hotel and - Samudera Beach Hotel.

1961

Referring to the Government Regulation No.63 year 1961, NV Pembangunan Perumahanwas transformed into PN (Perusahaan Negara) Pembangunan Perumahan.

1962

Perusahaan Negara (PN) Pembangunan Perumahan has completed Hotel Indonesia construction which consists of 14 floors and 427 rooms that set a record as the highest building in Indonesia at that time.

1971

Referring to the Government Regulation No.39 year 1971, PN Pembangunan Perumahan transformed its status into PT PP (Persero), enforced by Deeds No. 78 dated March 15, 1971. The core business activity of the Company is construction services.

1991 -2002

For more than five decades, PT PP (Persero) has become one of the main players in national construction business. Several national mega projects were managed and built by PT PP (Persero). In 1991, PT PP (Persero) implemented business activity diversification namely property and realty such as office space leasing at Plaza PP and realty business development in Cibubur area. In addition, it also established subsidiaries in cooperation with several domestic and international partners namely PT PP-Taisei Indonesia Construction, PT Mitracipta Polasarana and PT Citra Waspphutowa. 

2004
PT PP (Persero) implemented EMBO (Employee Management Buy Out) program that is Republic of Indonesia’s Shares buyback by employees and management. Regarding this program, it is represented by PT PP Employees Shareholders Cooperative (KSPSPP). EMBO program implementation was authorized by the Government of the Republic of Indonesia referring to its regulation No. 64 year 2003 on Government of Republic of Indonesia Shares Offering to Perusahaan Perseroan (Persero) PT Pembangunan Perumahan as of December 31, 2003. The shares trading agreement was carried out between Government of Republic of Indonesia and KKPSPP under Notary on February 9, 2004. By implementing the EMBO program, the Company shares ownership changed to RI 51% and KKPSPP 49%.

2009

In this year, the Company conducted Initial Public Offering (IPO). This program implementation had been approved by Government of Republic of Indonesia referring to its Regulation No.76 year 2009 on Changes in State Ownership Structure through issuance and offering to PT PP (Persero) dated December 28, 2009.

2010

With new Regulation from the Government regarding the Changing of the Ownership Structure of State's Shares, therefore on February 9, 2010 the Company has fulfilled the listing requirement in PT Bursa Efek Indonesia (BEI). Commencing from the abovementioned date, PT PP (Persero) Tbk shares have officially been listed and could be traded in Bursa Efek Indonesia (BEI).

2011

The Company succeeded in completing the first investment project, namely Gas Power Plant (PLTG) with 65 megawatt power at Talang Duku, South Sumatera. The project was inaugurated by Director of Perusahaan Listrik Negara (PLN) in October 2011. It also contributed during the SEA Games event in Palembang. Therefore the Company went back to business activity diversification, namely Engineering, Procurement & Construction (EPC) and Investment.

2012

The Company was mandated to execute several infrastructure projects in Indonesia such as New Tanjung Priok with contract value of Rp 8.2 Billion. It was one of PT PP’s mega projects in 2012. In addition, the Company handled seven airport constructions throughout 2012. The Company conducted various corporate actions such as bond process at the end of 2012.

2013

To support business expansion in 2013, the Company took various corporate actions financially and operationally such as sustainable public bond offering, PT PP Dirganeka acquisition to PP Pracetak, Property Division spin-off, 8 branches opening in Sulawesi, changes in vision, mission and company culture and acquisition plan of PT Prima Jasa Aldo Dua.

2014

Acquisition of PT Prima Jasa Aldo Dua to become PT PP Equipment. Company’s preparation to perform corporate action through the preparation of Sustainable Bonds Stage II.

2015

PT PP Properti Tbk listed initial public offering on May 19, 2015. This marked the shares listing and trading of PT PP (Persero) Tbk's subsidiary at Indonesia Stock Exchange. In addition, PT PP (Persero) Tbk also issued bonds phase 2 valued Rp300 billion.

2016

Corporate Actions, Rp2.25 trillion Government Investment (PMN), and Spin Off of 2 (two) Business Divisions into Subsidiaries, Energy Business Division into PT PP Energi and Infrastructure Business Division into PT PP Infrastruktur. PP PTPP

Vision
To be an excellent, synergized, and sustainable construction, EPC, and investment company in South East Asia region

Mission

• To provide construction, EPC, and investment services based on good corporate governance, QHSE management, risk management, and green concept
• To be highly competitive and provide optimal added value to our stakeholders by strategic synergy of business
• To develop excellent human resources through fulfillment, development, and assessment based on our corporate culture
• To optimize innovation, information technology, and knowledge management to achieve sustainable excellent performance
• To develop corporate strategy to increase company’s financial capacity PT PTPP

 PP PTPP

PP Company Profile

PP Properti PPRO

 As a property developer in Indonesia, PT PP Properti Tbk is the subsidiary of PT PP (Persero) Tbk, which is a State-Owned Enterprise (BUMN) in the field of construction services, realty and property, EPC, and investment since 1953. We focus on managing a diverse portfolio of housing, offices, apartments, as well as retail and commercial property in Indonesia.

 In answering the growing needs of the landed house and apartment in Indonesia yet the amount of it have not been met by private not state-owned developer, PT PP Properti determines to support the government by providing properties.

 As a strategy and a concrete step to achieve this goal, PT PP Property Tbk which was a former property division of PT PP (Persero) Tbk, spin off and established as the subsidiary of PT PP (Persero) Tbk since 12th December 2013.

 PT PP Properti Tbk continues to make breakthrough in developing its property business, including creating the product and service differentiation with the theme 'Beyond Space'. PT PP Properti Tbk continues to innovate, to create architecture design and concept that can be applied to residential, office, retail, as well as commercial project. Not only providing space and place, we try to make the property comfortable, filled with peace, and in harmony with nature, therefore the residents will have healthy mind, body, and soul.

 With the vision “Be the leading national scale sustainable developer with global competitiveness” that is environmental-friendly and adds value to the stakeholders, we determine to expand our product and property service. Thus, the residents are able to grow physically and mentally healthy. It is also one of our missions, as our commitment to build a better Indonesia. 

A Brief of PP Properti

 PT PP Properti Tbk was established in 2013 based on the Deed of Limited Liability Company No. 18 dated 12th December 2013, prepared by Ir. Nanette Cahyanie Handari Adi Warsito, S.H., based on approval from the Minister of Law and Human Rights Republic of Indonesia in the letter No. AHU-04852.AH.01.01 dated 5th February 2014. “PP Properti” is the Property Division of PT PP (Persero) Tbk that has been existed since 1991.

 PT PP Properti Tbk integrates property development that provides diverse and complete facilities to help the residents grow physically and mentally healthy. PT PP Properti Tbk has increased its capabilities in various sectors for more than 20 years, including these following projects: Perum Otorita Jatiluhur (1991), Cibubur Area Project (1991-2004), Paladian Park Apartment in Kelapa Gading, Juanda Business Center in Surabaya, and Park Hotel Jakarta (2010) and Park Hotel Bandung (2012).

 PT PP Properti Tbk consists of three business units: Commercial,  Residential and Hospitality. PT PP Properti Tbk commits to develop the businesses by combining all knowledge and skills of the employees to gradually improve the design and quality of the property, and also committed to our customers and suppliers.

Vision

Be the sustainable national scale developer with global competitiveness.

Mission

• Develop excellent realty and property products to provide comfort to consumers
• Committed to provide a healthy environment
• Increase the contribution for the parent company by developing and aligning corporate strategy
• Strengthen strategic cooperation with PP Properti’s partner
• Carry out skillful human resources as well as increasing employee’s welfare PP Properti PPRO

With the development of the business world from time to time, the reputation of a company does not only regarded in terms of financial, but also non-financial. The highlighted term of non-financial includes business ethics, commitment, as well as accountability of a company in conducting business activities. Therefore, Good Corporate Governance (GCG) is presented as a framework and reference for PT PP Properti, Tbk in managing the right company. An effective and balanced GCG implementation requires role and positive contribution from all citizens of PT PP Properti, Tbk whom implements it.
PT PP Property, Tbk see that a good GCG implementation is a strong pillar for advancing the company’s growth. Therefore, PT PP Properti, Tbk strives to always apply GCG to all stakeholders, by complying the law and regulations.
The activities of the company always follow the principles of Good Corporate Governance, as follows:

1. Transparency
   The openness in the decision-making process and openness in expressing relevant information about the company.

2. Accountability
   The clarity of function, implementation, and accountability of the organization so that management of the company can be implemented effectively.

3. Responsibility
   The propriety in managing the company to the law and regulations and the principles of a healthy corporate.

4. Independency
   A situation where a professionally managed company with no conflict of interest and influence/pressure from any party that does not comply with the law and regulations and the principles of healthy corporate.

5. Fairness
   Justice and equality in fulfilling the rights of every individual and other stakeholders, that arises under treaties and the law and regulations.

As a public company, PT PP Properti, Tbk conduct compliance management, risk management, and sustainable internal control in line with business dynamics and the demands of emerging industries. Relating to the above, the application of GCG in the company aims to:

1. Achieve growth and maximum returns, so the value of the company increase, as well as to objectify the company’s sustainability in the long term without ignoring the consideration of other Stakeholders.
2. Control and direct a good relationship between Shareholders, Board of Commissioners, Directors and all of Company’s Stakeholders based on the law and regulations.
3. Support internal control activities and development of the company to achieve national and international competitiveness, to enhance market confidence that can encourage investment and sustainable national economic growth.
4. Manage more trustful resources by applying the precautionary principle.
5. Improve the accountability to stakeholders.
6. Fix the company’s working culture to be better.
7. Improve the value of the company by improving the welfare of all members of the company and to improve the company’s sustainable benefit for the stakeholders. PP Properti PPRO

PP Properti PPRO

PP Properti Profile