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MNC Corporation

PT MNC Asia Holding Tbk, formerly known as PT MNC Investama Tbk and PT Bhakti Investama Tbk, doing business as MNC Asia Holding or MNC Group, is an Indonesian multinational conglomerate engaged in media, financial services, and entertainment hospitality based in Jakarta, Indonesia. It was established on 2 November 1989 as a financial security company. It holds a majority shareholding of MNC Media (formerly known as Bimantara Citra), MNC Financial Services (formerly known as Bhakti Kapital Indonesia), and MNC Land (formerly known as Kridaperdana Indahgraha and Global Land Development). It is said to be the largest media company in the country.[1]

PT MNC Asia Holding Tbk
MNC Asia Holding
MNC Group
Formerly
  • Bhakti Investama (1989–2013)
  • MNC Investama (2013–2022)
TypePublic
IDX: BHIT
IndustryConglomerate
Founded2 November 1989; 33 years ago (1989-11-02)
FounderHary Tanoesoedibjo
HeadquartersMNC Financial Center, ,
Indonesia
Key people
ProductsMedia, Financial Services, Entertainment Hospitality
Subsidiaries
Websitewww.mncgroup.com

History

MNC Investama was established in Surabaya on 2 November 1989 by Hary Tanoesoedibjo as Bhakti Investama. The company initially focuses solely on capital-market related activities. It moved its headquarters to Jakarta in 1990. The Company's relocation to Jakarta brought greater opportunities to develop the business in line with the evolving capital market.

In 1994, the Company expanded the scope of its business to include securities trading and brokerage, investment advisory, investment manager, underwriter, origination and syndication, financial advisory and research services, as well as mergers and acquisitions, followed by the launch of mutual fund products. The trust demonstrated by the customers convinced the Company to list its stocks on the Jakarta Stock Exchange and the Surabaya Stock Exchange (now merged into the Indonesia Stock Exchange) through an initial public offering in 1997.

MNC Lido City

MNC Lido City is one of the MNC Land projects being developed. It is located south of Bogor city, West Java, near the village Cigombong, i.e., near Cigombong railway station and the Cigombong toll gates of the Bocimi Toll Road.

The first phase is the development of the Trump International Resort & Golf Club Lido, a golf club and residences.

A visit in 2019 by Donald Trump Jr. raised questions about the financial conflicts of interest between the Trump family and the presidency.[2]

Directors and commissioners

List of President Directors

No. Name Serving from End of tenure
1 Hary Tanoesoedibjo 1989 2002
2 Hary Djaja 2002 2009
3 Hary Tanoesoedibjo 2009 2016
4 Darma Putra 2016 2022
5 Hary Tanoesoedibjo 2022 Present

Board of Directors

No. Name Position
1 Hary Tanoesoedibjo President Director
2 Susanty Tjandra Sanusi Vice President Director
3 Tien Director
4 Natalia Purnama Director
5 Jiohan Sebastian Director
6 Henry Suparman Director
7 Mashudi Hamka Director
8 Santi Paramita Director

Board of Commissioner

No. Name Position
1 Agung Firman Sampurna President Commissioner (Independent)
2 Darma Putra Vice President Commissioner
3 Liliana Tanoesoedibjo Commissioner
4 Valencia H. Tanoesoedibjo Commissioner
5 Ricky Herbert P. Sitohang Independent Commissioner

Shareholder

The composition of MNC Corporation's shareholders as of June 30, 2022 are:

Shareholders Number of shares Ownership Percentage (%)
HT Investment Development Ltd 13,238,835,716 15.85
DBS Bank Ltd S/A 8,321,109,800 9.96
PT Bhakti Panjiwira 5.262.220.112 6.30
Commissioners and Directors
Hary Tanoesoedibjo (President Commissioner) 2,166,568,300 2.59
Liliana Tanoesoedibjo (Commissioner) 89,662,000 0.11
Valencia Tanoesoedibjo (Commissioner) 1,860,000 0.00
Darma Putra (President Director) 44,477,200 0.05
Susanty Tjandra Sanusi (Vice President Director) 50,000 0.00
Tien (Director) 44,377,100 0.05
Henry Suparman (Director) 16,180,500 0.02
Natalia Purnama (Director) 16,152,500 0.02
Mashudi Hamka (Director) 3,740,400 0.00
Santi Paramita (Director) 2,700 0.00
Community (ownership below 5%) 54,337,505,431 65.04
Total 83,542,741,759 100
Plus: Treasury Stock 2,525,414,946
Amount 86.068.156.705

References

  1. ^ Wirdana, Ardi (11 November 2019). "Indonesian Fintech Company Achiko Lists on Swiss Exchange". Deal Street Asia. Retrieved 13 November 2020.
  2. ^ Baram, Marcus (9 August 2019). "Don Jr.'s visit to luxury resort 'prelaunch' in Indonesia revives conflict-of-interest concerns". Fast Company.

External links

  • Official website

corporation, asia, holding, formerly, known, investama, bhakti, investama, doing, business, asia, holding, group, indonesian, multinational, conglomerate, engaged, media, financial, services, entertainment, hospitality, based, jakarta, indonesia, established, . PT MNC Asia Holding Tbk formerly known as PT MNC Investama Tbk and PT Bhakti Investama Tbk doing business as MNC Asia Holding or MNC Group is an Indonesian multinational conglomerate engaged in media financial services and entertainment hospitality based in Jakarta Indonesia It was established on 2 November 1989 as a financial security company It holds a majority shareholding of MNC Media formerly known as Bimantara Citra MNC Financial Services formerly known as Bhakti Kapital Indonesia and MNC Land formerly known as Kridaperdana Indahgraha and Global Land Development It is said to be the largest media company in the country 1 PT MNC Asia Holding TbkMNC Tower in Kebon Sirih Menteng JakartaTrade nameMNC Asia HoldingMNC GroupFormerlyBhakti Investama 1989 2013 MNC Investama 2013 2022 TypePublicTraded asIDX BHITIndustryConglomerateFounded2 November 1989 33 years ago 1989 11 02 FounderHary TanoesoedibjoHeadquartersMNC Financial Center Kebon Sirih Menteng Jakarta IndonesiaKey peopleHary Tanoesoedibjo President Director Agung Firman Sampurna President Commissioner ProductsMedia Financial Services Entertainment HospitalitySubsidiariesMNC Media MNC Financial Services MNC LandWebsitewww wbr mncgroup wbr com Contents 1 History 2 MNC Lido City 3 Directors and commissioners 3 1 List of President Directors 3 2 Board of Directors 3 3 Board of Commissioner 4 Shareholder 5 References 6 External linksHistory EditMNC Investama was established in Surabaya on 2 November 1989 by Hary Tanoesoedibjo as Bhakti Investama The company initially focuses solely on capital market related activities It moved its headquarters to Jakarta in 1990 The Company s relocation to Jakarta brought greater opportunities to develop the business in line with the evolving capital market In 1994 the Company expanded the scope of its business to include securities trading and brokerage investment advisory investment manager underwriter origination and syndication financial advisory and research services as well as mergers and acquisitions followed by the launch of mutual fund products The trust demonstrated by the customers convinced the Company to list its stocks on the Jakarta Stock Exchange and the Surabaya Stock Exchange now merged into the Indonesia Stock Exchange through an initial public offering in 1997 MNC Lido City EditMNC Lido City is one of the MNC Land projects being developed It is located south of Bogor city West Java near the village Cigombong i e near Cigombong railway station and the Cigombong toll gates of the Bocimi Toll Road The first phase is the development of the Trump International Resort amp Golf Club Lido a golf club and residences A visit in 2019 by Donald Trump Jr raised questions about the financial conflicts of interest between the Trump family and the presidency 2 Directors and commissioners EditList of President Directors Edit No Name Serving from End of tenure1 Hary Tanoesoedibjo 1989 20022 Hary Djaja 2002 20093 Hary Tanoesoedibjo 2009 20164 Darma Putra 2016 20225 Hary Tanoesoedibjo 2022 PresentBoard of Directors Edit No Name Position1 Hary Tanoesoedibjo President Director2 Susanty Tjandra Sanusi Vice President Director3 Tien Director4 Natalia Purnama Director5 Jiohan Sebastian Director6 Henry Suparman Director7 Mashudi Hamka Director8 Santi Paramita DirectorBoard of Commissioner Edit No Name Position1 Agung Firman Sampurna President Commissioner Independent 2 Darma Putra Vice President Commissioner3 Liliana Tanoesoedibjo Commissioner4 Valencia H Tanoesoedibjo Commissioner5 Ricky Herbert P Sitohang Independent CommissionerShareholder EditThe composition of MNC Corporation s shareholders as of June 30 2022 are Shareholders Number of shares Ownership Percentage HT Investment Development Ltd 13 238 835 716 15 85DBS Bank Ltd S A 8 321 109 800 9 96PT Bhakti Panjiwira 5 262 220 112 6 30Commissioners and DirectorsHary Tanoesoedibjo President Commissioner 2 166 568 300 2 59Liliana Tanoesoedibjo Commissioner 89 662 000 0 11Valencia Tanoesoedibjo Commissioner 1 860 000 0 00Darma Putra President Director 44 477 200 0 05Susanty Tjandra Sanusi Vice President Director 50 000 0 00Tien Director 44 377 100 0 05Henry Suparman Director 16 180 500 0 02Natalia Purnama Director 16 152 500 0 02Mashudi Hamka Director 3 740 400 0 00Santi Paramita Director 2 700 0 00Community ownership below 5 54 337 505 431 65 04Total 83 542 741 759 100Plus Treasury Stock 2 525 414 946Amount 86 068 156 705References Edit Wirdana Ardi 11 November 2019 Indonesian Fintech Company Achiko Lists on Swiss Exchange Deal Street Asia Retrieved 13 November 2020 Baram Marcus 9 August 2019 Don Jr s visit to luxury resort prelaunch in Indonesia revives conflict of interest concerns Fast Company External links EditOfficial website Retrieved from https en wikipedia org w index php title MNC Corporation amp oldid 1107738427, wikipedia, wiki, book, books, library,

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