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 Rp 280.3 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.
PETRONAS is a multinational oil company of choice and ranked amongst the largest corporations in the world. The growing demand for energy inspires and strengthens our purpose to steadily drive for new solutions and push boundaries towards a sustainable energy future.
PETRONAS Indonesia is currently holding participating interest in 9 blocks across Indonesia, with 4 of them in the production stage. PETRONAS has consistently and successfully implemented various social and community programs, focusing on education, capacity building, environment, health, as well as community wellbeing and development which are governed by its large Corporate Sustainability Framework.
PT Bank Tabungan Negara (Persero) Tbk or Bank BTN was established in 1897 under the name of Postspaarbank. The name was changed to Bank Tabungan Pos in 1950 and finally became Bank Tabungan Negara in 1963. Bank BTN listed its stock offering on 17 December 2009 on the Indonesia Stock Exchange, and was the first Indonesian bank to securitize asset by recording Asset Backed Securities - Collective Investment Contracts (KIK-EBA).