MNC Corporation
PT MNC Investama Tbk, formerly known as PT Bhakti Investama Tbk, doing business as MNC Corporation or MNC Group, is an Indonesian multinational conglomerate engaged in media, finance, property, natural resources and transportation 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]
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 MNC Tower in Kebon Sirih, Menteng, Jakarta | |
| MNC Group | |
| Formerly | Bhakti Investama (1989–2013) |
| Type | Public |
| IDX: BHIT | |
| Industry | Conglomerate |
| Founded | 2 November 1989 |
| Founder | Hary Tanoesoedibjo |
| Headquarters | MNC Financial Center, , Indonesia |
Key people |
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| Products | Television, media services, mas media |
| Subsidiaries |
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| Website | www |
History
MNC Investama was established in Surabaya on 2 November 1989 by Hary Tanoesoedibjo as Bhakti Investments. 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 | present |
Board of Directors
| No. | Name | Position | Serving from |
|---|---|---|---|
| 1 | Darma Putra | President Director | 30 September 2016 |
| 2 | Susanty Tjandra Sanusi | Vice President Director
Independent Director |
30 April 2014
2 May 2013 |
| 3 | Tien | Director | 30 April 2014 |
| 4 | Natalia Purnama | Director | 30 April 2014 |
| 5 | Jiohan Sebastian | Director | 30 April 2014 |
| 6 | Henry Suparman | Director | 30 April 2014 |
| 7 | Mashudi Hamka | Director | 27 June 2018 |
Board of commissioner
| No. | Name | Position | Serving from |
|---|---|---|---|
| 1 | Hary Tanoesoedibjo | President Commissioner | 30 September 2016 |
| 2 | Liliana Tanoesoedibjo | Commissioner | 19 June 2009 |
| 3 | Angela H. Tanoesoedibjo | Commissioner | 30 September 2016 |
| 4 | Valencia H. Tanoesoedibjo | Commissioner | 23 June 2017 |
| 5 | Kardinal A. Karim | Independent Commissioner | 27 July 2015 |
| 6 | Ricky Herbert P. Sitohang | Independent Commissioner | 27 June 2018 |
References
- 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
- Official website - visited January 2021, gives the message "Access denied. This website is using a security service to protect itself from online attacks."