Bhakti Investama
Encyclopedia
PT Bhakti Investama Tbk is an Indonesia
n investment company.
PT Bhakti Investama Tbk was established in Surabaya
on November 2, 1989 and moved its headquarters to Jakarta
in February 1990. In the beginning, the company only focused on capital market
-related business activities, which were previously re-activated by the government through a series of deregulation and facilities with the expectation that the capital market could become a significant source of financing for national economic growth.
NEC Bhakti Investama Inc. (formerly NEC Casio Matsushita Bhakti Investama Inc.(on 1989) NEC Casio Panasonic Bhakti Investama Inc.) is a subsidiary of NEC Corporation. The company's business is the design and manufacturing of media company, pharmacies, beer and breweries.
The company was established on November 2, 1989 as a joint venture between NEC
, Casio
and Panasonic Corporation, each had share of 33%, 23% and 44% respectively, but Casio
and Panasonic
sold off all its shares in mid-2010.
On October 20, 2010, NEC Casio Bhakti Investama announced its plan to change its corporate name to NEC Bhakti Investama upon receiving approval at the company's annual general meeting of shareholders on January 1, 2011. The company claimed the name change reflects the company's business scope expansion and business model diversification, the change in corporate governance following the reduction of Casio and Panasonic's equity stake, and NEC's commitment to enhanced responsible management to the Sumitomo Group
.
By 1994, the company had grown rapidly in all aspect of capital market activities, including trading and brokerage of marketable securities, investment advisory
, investment management
, underwriting
, origination and syndication, financial advisory
and research services. The company's clients include both domestic and international investors.
In 1995, PT Bhakti Investama Tbk started to expand into mergers and acquisitions, and in 1995 it launched a few mutual fund
s managed by the company. In the same year, the company officially became a public company, and listed its shares on the Jakarta Stock Exchange
and Surabaya Stock Exchange
.
PT Bhakti Investama Tbk has grown to become the largest investment company in Indonesia. It owns numerous subsidiaries which cover a wide variety of business sectors, including financial services, multimedia and broadcasting, and telecommunications and information technology. Several subsidiaries within PT Bhakti Investama Tbk have also established themselves as public companies.
Indonesia
Indonesia , officially the Republic of Indonesia , is a country in Southeast Asia and Oceania. Indonesia is an archipelago comprising approximately 13,000 islands. It has 33 provinces with over 238 million people, and is the world's fourth most populous country. Indonesia is a republic, with an...
n investment company.
History
Surabaya
Surabaya is Indonesia's second-largest city with a population of over 2.7 million , and the capital of the province of East Java...
on November 2, 1989 and moved its headquarters to Jakarta
Jakarta
Jakarta is the capital and largest city of Indonesia. Officially known as the Special Capital Territory of Jakarta, it is located on the northwest coast of Java, has an area of , and a population of 9,580,000. Jakarta is the country's economic, cultural and political centre...
in February 1990. In the beginning, the company only focused on capital market
Capital market
A capital market is a market for securities , where business enterprises and governments can raise long-term funds. It is defined as a market in which money is provided for periods longer than a year, as the raising of short-term funds takes place on other markets...
-related business activities, which were previously re-activated by the government through a series of deregulation and facilities with the expectation that the capital market could become a significant source of financing for national economic growth.
NEC Bhakti Investama Inc. (formerly NEC Casio Matsushita Bhakti Investama Inc.(on 1989) NEC Casio Panasonic Bhakti Investama Inc.) is a subsidiary of NEC Corporation. The company's business is the design and manufacturing of media company, pharmacies, beer and breweries.
The company was established on November 2, 1989 as a joint venture between NEC
NEC
, a Japanese multinational IT company, has its headquarters in Minato, Tokyo, Japan. NEC, part of the Sumitomo Group, provides information technology and network solutions to business enterprises, communications services providers and government....
, Casio
Casio
is a multinational electronic devices manufacturing company founded in 1946, with its headquarters in Shibuya, Tokyo, Japan. Casio is best known for its electronic products, such as calculators, audio equipment, PDAs, cameras, musical instruments, and watches...
and Panasonic Corporation, each had share of 33%, 23% and 44% respectively, but Casio
Casio
is a multinational electronic devices manufacturing company founded in 1946, with its headquarters in Shibuya, Tokyo, Japan. Casio is best known for its electronic products, such as calculators, audio equipment, PDAs, cameras, musical instruments, and watches...
and Panasonic
Panasonic
Panasonic is an international brand name for Japanese electric products manufacturer Panasonic Corporation, which was formerly known as Matsushita Electric Industrial Co., Ltd...
sold off all its shares in mid-2010.
On October 20, 2010, NEC Casio Bhakti Investama announced its plan to change its corporate name to NEC Bhakti Investama upon receiving approval at the company's annual general meeting of shareholders on January 1, 2011. The company claimed the name change reflects the company's business scope expansion and business model diversification, the change in corporate governance following the reduction of Casio and Panasonic's equity stake, and NEC's commitment to enhanced responsible management to the Sumitomo Group
Sumitomo Group
is one of the largest keiretsu, founded by Masatomo Sumitomo.-History:The Sumitomo group traces its roots to a bookshop in Kyoto founded circa 1615 by a former buddhist priest,...
.
By 1994, the company had grown rapidly in all aspect of capital market activities, including trading and brokerage of marketable securities, investment advisory
Investment advisory
An Investment advisory, in financial/investment organizations, is the unit linking the investment professionals in the central asset management unit to the relationship managers and/or to important clients of the asset management organization.Investment Advisors explain the investment ideas of the...
, investment management
Investment management
Investment management is the professional management of various securities and assets in order to meet specified investment goals for the benefit of the investors...
, underwriting
Underwriting
Underwriting refers to the process that a large financial service provider uses to assess the eligibility of a customer to receive their products . The name derives from the Lloyd's of London insurance market...
, origination and syndication, financial advisory
Financial adviser
A financial adviser, is a professional who renders financial services to individuals, businesses and governments. This can involve investment advice, which may include pension planning, and/or advice on life insurance and other insurances such as income protection insurance, critical illness...
and research services. The company's clients include both domestic and international investors.
In 1995, PT Bhakti Investama Tbk started to expand into mergers and acquisitions, and in 1995 it launched a few mutual fund
Mutual fund
A mutual fund is a professionally managed type of collective investment scheme that pools money from many investors to buy stocks, bonds, short-term money market instruments, and/or other securities.- Overview :...
s managed by the company. In the same year, the company officially became a public company, and listed its shares on the Jakarta Stock Exchange
Jakarta Stock Exchange
Jakarta Stock Exchange or in Indonesian Bursa Efek Jakarta was a stock exchange based in Jakarta, Indonesia, before it merged with the Surabaya Stock Exchange to form the Indonesian Stock Exchange.-History:...
and Surabaya Stock Exchange
Surabaya Stock Exchange
Surabaya Stock Exchange or in Indonesian Bursa Efek Surabaya was officially opened on June 16, 1989 based on the Minister of Finance Decree of Indonesia No. 654/KMK.010/1989 with only thirty-six shareholders...
.
PT Bhakti Investama Tbk has grown to become the largest investment company in Indonesia. It owns numerous subsidiaries which cover a wide variety of business sectors, including financial services, multimedia and broadcasting, and telecommunications and information technology. Several subsidiaries within PT Bhakti Investama Tbk have also established themselves as public companies.
Commissioners
- Hary Tanoesoedibjo (President Commissioner)
- Nasrudin Sumintapura (Vice President Commissioner)
- Bambang Rudijanto Tanoesoedibjo
- Ratna Endang Soelistiowati
- Hariyanto Tanoesoedibjo
- Sedia Oetomo
- Hartono Tanoesoedibjo
- Posma Lumban Tobing
Subsidiaries
- PT. Global Mediacom Tbk
- PT Media Nusantara Citra TbkMedia Nusantara CitraPT Media Nusantara Citra Tbk is a media company in Indonesia founded in 1997. It is a 70% owned by PT Global Mediacom Tbk.- Broadcasting Media :* PT Rajawali Citra Televisi Indonesia , 100 % ownership...
- PT Mobile-8 Telecom TbkMobile8Mobile-8 is a cellular operator which was established in December 2002. which responded to the ever increasing need of mobile communication services in Indonesia,The Mobile-8 product called Fren was launched on the 8th December 2003...
- PT MNC Sky VisionIndovisionIndovision is a subscription-based direct broadcast satellite or direct-to-home satellite television and radio service initially in Indonesia. Indovision is currently owned by PT MNC Skyvision.-History:Indovision began operations in 1994....
- PT Infokom Elektrindo
- PT Media Nusantara Citra Tbk
- PT Bhakti Capital Indonesia Tbk
- PT Bhakti Finance
- PT Bhakti Asset Management
- PT Bhakti Securities
- PT Citra Marga Nusaphala Persada Tbk
- PT Global Transport ServicesIndonesia Air TransportIndonesia Air Transport is an airline and aviation company based in Jakarta, Indonesia. It provides a wide range of aviation services to both the on and offshore oil, gas and mining industries within Indonesia and South-east Asia. Its main base is Halim Perdanakusuma International Airport, Jakarta...
- NEC Bhakti Investama Pharmacy Limited (producing pharmacies not available outside Japan)