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).[1]
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 MNC Tower in Kebon Sirih, Menteng, Jakarta | |
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Formerly | Bhakti Investama (1989–2013) |
| Public | |
| Traded as | IDX: BHIT |
| ISIN | ID1000064207  |
| Industry | Conglomerate |
| Founded | 2 November 1989 |
| Founder | Hary Tanoesoedibjo |
| Headquarters | MNC Financial Center, , |
Key people |
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| Products | |
| Services | Financial services |
| 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.
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 2018 was as follows:
| Shareholders | Number of Shares | Percentage (%) |
|---|---|---|
| HT Investment Development Ltd | 13.238.835.716 | 25.84 |
| Smart Empire Group Ltd | 6.025.697.879 | 11.76 |
| PT Bhakti Panjiwira | 5.262.220.112 | 10.27 |
| Charlton Group Holdings Ltd | 3.982.085.217 | 7.77 |
| UOB Kay Hian (Hong Kong) Ltd | 2,842,553,000 | 5.55 |
| Board of Commissioners & board of directors | ||
| Hary Tanoesoedibjo (President Commissioner) | 2.166.568.300 | 4.23 |
| Liliana Taboesoedibjo (Commissioner) | 90,762,000 | 0.18 |
| Angela Herliani Tanoesoedibjo (Commissioner) | 52,360,300 | 0.10 |
| 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
PT Global Mediacom Tbk (MCOM)
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. Radio Trijaya Shakti (RTS)
- 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)
- PT. MNC Sky Vision Tbk (MNCSV)
Online based media
- Global Mediacom International Ltd. (GMI)
- MNC Media Investment Ltd (MMIL)
- Letang Game Ltd. (Letang)
- MNC Media Investment Ltd (MMIL)
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 Tbk
- 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 |
| 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 |
Logo gallery
Bhakti Investama Logo (1989-2007)
Bhakti Investama (2007-2013)
MNC Corporation Logo (2013-2014)
MNC Corporation Logo (2014-19 May 2015)- MNC Corporation Logo (20 May 2015–present)
References
- "Bhakti Investama Resmi Menjadi MNC Investama". economy.okezone.com. Retrieved 25 May 2017.