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MNC Asia Holding

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PT MNC Investama Tbk
  • MNC Corporation
  • MNC Group
FormerlyBhakti Investama (1989–2013)
Company typePublic
IDXBHIT
IndustryConglomerate
FoundedNovember 2, 1989; 35 years ago (1989-11-02)
FounderHary Tanoesoedibjo
HeadquartersMNC Financial Center, ,
Key people
  • Hary Tanoesoedibjo
    (President Commissioner)
  • Liliana Tanoesoedibjo
    (Commissioner)
  • Darma Putra
    (President Director)
Products
ServicesFinancial services
Subsidiaries
Websitewww.mncgroup.com

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 an financial security company. It holds a majority shareholding of Global Mediacom (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).

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.

Under the leadership of the founder and Chairman of MNC Group, Hary Tanoesoedibjo, the Company is currently focusing on 3 (three) strategic investments, namely media, financial services, property, as well as one other complementary business that is closely related to its core business namely financial investment.

Shareholders’ composition

Shareholders’ composition of MNC Corporation as of December 2017 was as follows:

Shareholders Number of Shares Percentage (%)
HT Investment Development Ltd 13,199,078,138 27.88
Smart Empire Group Ltd 6,025,697,879 12.73
PT Bhakti Panjiwira 5,113,807,112 10.80
UOB Kay Hian (Hong Kong) Ltd 2,842,553,000 6.00
Board of Commissioners & board of directors
Hary Tanoesoedibjo (President Commissioner) 2,158,525,300 4.56
Liliana Taboesoedibjo (Commissioner) 90,762,000 0.19
Angela Herliani Tanoesoedibjo (Commissioner) 52,360,300 0.11
Darma Putra (President Director) 29,359,100 0.06
Tien (Director) 26,886,800 0.06
Henry Suparman (Director) 16,180,500 0.03
Natalia Purnama (Director) 7,457,000 0.02
Jiohan Sebastian (Director) 1,000,000 0.00
Valencia Herliani Tanoesoedibjo (Commissioner) 160,000 0.00
Public (each below 5%) 17,782,836,992 37.56
Sub Total 47,346,664,121 100
Treasury Stock 710,386,246
Total 48,057,050,367

Subsidiaries

Media

Content and advertising based media

  • PT Media Nusantara Citra Tbk (MNC)
    • PT Rajawali Citra Televisi Indonesia (RCTI)
    • PT Global Informasi Bermutu (GTV)
    • PT Media Nusantara Citra Televisi (MNCTV)
    • PT. MNC Televisi Network (iNews)
      • PT. Deli Media Televisi (DTV)
      • PT. Global Telekomunikasi Terpadu (GTT)
      • PT. Tivi Bursa Indonesia (TB)
      • PT. Media Semesta Sumatera
      • PT. Media Semesta Bangka
      • PT. Media Semesta Lampung
      • PT. Media Semesta Jakarta
      • PT. Media Semesta Jabar
      • PT. Media Semesta Matahari
      • PT. Media Semesta Bali
      • PT. Media Semesta Nusa
      • PT. Media Semesta Kalimantan
      • PT. Media Semesta Sulawesi
      • PT. Media Semesta Makassar
      • PT. Media Semesta Permata
    • PT. MNC Networks (MNCN)
      • PT. Radio Trijaya Shakti (RTS)
        • PT. Radio Prapanca Buana Suara (RPBS)
        • PT. Radio Mancasuara (RM)
        • PT. Radio Swara Caraka Ria (RSCR)
        • PT. Radio Efkindo (RE)
        • ****PT. Radio Tjakra Awigra (RCA)
      • PT. Radio Suara Monalisa (RSM)
      • PT. Mediawisata Sariasih (MS)
      • PT. Radio Arief Rahman Hakim (RARH)
      • ***PT. Radio Sabda Sosok Sohor (RSSS)
    • PT. Media Nusantara Informasi (MNI)
      • PT. Media Nusantara Dinamis (MND)
      • PT. Menado Nusantara Informasi (MENI)
    • PT. MNI Global (MNIG)
    • PT. MNI Publishing (MNIP)
      • PT. MNI Entertainment (MNIE)
    • PT. MNC Studio International (MSI)
      • PT. Mediate Indonesia (MI)
      • PT. MNC Pictures (MNCP)
      • PT. Star Media Nusantara (SMN)
      • PT. MNC Infotainment Indonesia
      • PT. MNC Film Indonesia
    • MNC International Middle East Limited (MIMEL)
      • MNC International Limited (MIL)
      • MNC Pictures FZ LLC (MP)
      • PT. MNC Okezone Networks
      • MNC Innoform Pte.Ltd (Innoform)
        • MNC Innoform (Singapore) Pte. Ltd (Alliance)
    • PT. Innoform Indonesia (MINNO)
    • PT. MNC Lisensi Internasional (MLI)
    • PT. MNC Media Investasi (MMI)
    • PT. MNC Media Utama (MMU)

Subscribers based media

  • PT. Sky Vision Network (SVN)
    • PT. MNC Sky Vision Tbk (MNCSV)
      • PT. Media Citra Indostar (MC)
    • PT. MNC Kabel Mediacom (MKM)
    • PT OTT MNC Indonesia (OTT)

Online based media

  • Global Mediacom International Ltd. (GMI)
    • MNC Media Investment Ltd (MMIL)
      • Letang Game Ltd. (Letang)

Others

  • PT. Infokom Elektrindo (Infokom)
    • PT. Telesindo Media Utama (TMU)
    • PT. Sena Telenusa Utama (STU)
      • PT. Flash Mobile (FM)
  • PT. MNC GS Homeshopping (MNC Shop)
  • Universal Media Holding Corporation (Universal)
  • PT MNC Digital Indonesia (MNCD)

Financial services

PT MNC Kapital Indonesia Tbk (MKAP)

  • PT. Bank MNC Internasional Tbk (MNCBI)
  • PT. MNC Finance (MNCF)
  • PT. MNC Guna Usaha Indonesia (MNCGU)
  • PT. MNC Sekuritas (MNCS)
  • PT. MNC Asset Management (MNCAM)
  • PT. MNC Asuransi Indonesia (MNCAI)
  • PT. MNC Life Assurance (MNCL)

Property

  • PT MNC Land Lido (LNP)
    • PT MNC Wahana Wisata (MNC WW)
    • PT MNC Lido Resort (LGP)
    • PT MNC Lido Hotel (LSP)
  • PT GLD Property (GLDP)
    • PT Nusadua Graha International (NGI)
    • Shorewood Holding Ltd. (Shorewood)
      • SC Properties (SIN), Pte. Ltd. (SC Properties)
  • PT MNC Land Bali (BNR)
  • PT Investasi Hasil Sejahtera (IHS)
  • PT MNC Graha Surabaya (SCS)
  • PT Global Jasa Sejahtera (GJS)
  • PT MNC Graha Bali (IKG)
  • PT Sentra Rasa Nusantara (SRN)

Other investments

  • PT. Global Transport Services (GTS)
  • PT MNC Energi (MNCE)
    • PT MNC Daya Indonesia (DAYA)
    • PT Nuansacipta Coal investment (NCI)
      • PT MNC Griya Prima (MNCGP)
      • PT Samarinda Properti Mandiri (SPM)
      • PT Aneka Griya Abadi (AGA)
      • PT Girya Usaha Permai (GUP)
  • Bhakti Investama International Limited (BIILC)
  • Bhakti Investama International Limited (BIILD)
  • Ottawa Holding Pte. Ltd. (OHP)
    • Ottawa International Pte. Ltd. (OIP)
  • PT MNC Finansindo (Finansindo)
  • PT Global Niaga Sentosa (GNS)

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

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 Darpito Pudyastungkoro Independent Commissioner 25 June 2013

References