MNC Asia Holding explained

PT MNC Asia Holding Tbk
Trading Name:MNC Asia Holding
Type:Public
Founded: in Surabaya, East Java, Indonesia
Founder:Hary Tanoesoedibjo
Hq Location City:Central Jakarta
Hq Location Country:Indonesia
Owner:see list
Num Employees:9,732
Num Employees Year:2024
Subsid:see list

PT MNC Asia Holding Tbk, better known as MNC Group, is an Indonesian conglomerate company founded in 1989. This company operates in the fields of mineral resources, mass media, and investment.

History

This company was founded by Hary Tanoesoedibjo in Surabaya, East Java on 2 November 1989 as a securities company under the name PT Bhakti Investama.[1] Three years later, in 1997, the company officially went public on the Indonesia Stock Exchange, successfully raising Rp 80 billion.[2]

Ownership

The following is a list of company ownership based on financial reports as of 30 September 2024.[3]

Shareholder NamePercentage of Ownership (%)
HT Investment Development Ltd15,85
DBS Bank Ltd S/A Caravaggio Holdings Limited9,96
PT Bhakti Panjiwira6,30
Darma Putra Wati (Deputy Chief Commissioner)0,05
Liliana Tanaja (Commissioner)0,11
Valencia H. Tanoesoedibjo (Commissioner)0,00
Hary Tanoesoedibjo (President director)3,22
Susanty Tjandra Sanusi (Deputy President Director)0,00
Tien (Director)0,00
Henry Suparman (Director)0,02
Natalia Purnama (Director)0,02
Mashudi Hamka (Director)0,00
Santi Paramita (Director)0,00
Public (ownership below 5%)64,42
Total100%

Subsidiary

The following are the company's subsidiaries based on financial statements as of 30 September 2024.[3]

Name of SubsidiaryPercentage of Ownership (%)
PT Global Mediacom Tbk45,75
PT MNC Kapital Indonesia Tbk50,48
PT MNC Energi99,99
PT MNC Energy Investments Tbk44,09

Notes and References

  1. Web site: Bermodal Rp64 Juta, Hary Tanoe Beberkan Rahasia Kesuksesan Bisnisnya . 29 January 2016 . 2021-02-26.
  2. Web site: Hary Tanoe: Anomali Ekonomi Justru Memberi Keuntungan Besar . 2021-02-26.
  3. Web site: Laporan Keuangan MNC Asia Holding (IDX:BHIT) Q3 2023. id. Indonesia Stock Exchange.