PT MNC Asia Holding Tbk, (formerly PT MNC Investama Tbk and PT Bhakti Investama Tbk), doing business as MNC Asia Holding or MNC Group, is an Indonesian multinational conglomerate. Its primary businesses are media, financial services, and entertainment hospitality. It is based in Jakarta, Indonesia.
Quick Facts Trade name, Formerly ...
PT MNC Asia Holding Tbk |
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| MNC Asia Holding MNC Group |
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Formerly |
- Bhakti Investama (1989–2013)
- MNC Investama (2013–2022)
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Company type | Public |
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| IDX: BHIT |
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Industry | Conglomerate |
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Founded | 2 November 1989; 34 years ago (1989-11-02) |
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Founder | Hary Tanoesoedibjo |
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Headquarters | MNC Financial Center, , Indonesia |
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Key people | |
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Products | Media, Financial Services, Entertainment Hospitality |
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Subsidiaries |
- MNC Media
- MNC Financial Services
- MNC Land
- MNC Energy Investment
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Website | www.mncgroup.com |
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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 the country's largest media company.[1]
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.
In 1994, the Company expanded its business to include securities trading and brokerage, investment advisory, investment management, underwriting, origination and syndication, financial advisory and research services, as well as mergers and acquisitions, followed by the launch of mutual fund products. The Company listed 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 is one of MNC Land's projects. 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 conflicts of interest between the Trump family and the presidency.[2]
List of President Directors
More information No., Name ...
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 |
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Board of directors
More information No., Name ...
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 |
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Board of Commissioner
More information No., Name ...
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 |
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The composition of MNC Corporation's shareholders as of June 30, 2022 are:
More information Shareholders, Number of shares ...
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 |
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Amount |
86.068.156.705 |
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Baram, Marcus (9 August 2019). "Don Jr.'s visit to luxury resort 'prelaunch' in Indonesia revives conflict-of-interest concerns". Fast Company.