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July 07, 2015 11:31 AM ET

Industrial Conglomerates

Company Overview of PT Rajawali Corporation

Company Overview

PT Rajawali Corporation is an industrial conglomerate, which operates in telecommunication, hotel, cement, consumer goods, retail, department store, and transportation businesses in Indonesia. The company has strategic partnerships with Sheraton and Novotel to operate hotel chains in Indonesia; Metro (Private) Limited to operate Metro retail stores in Jakarta and Bandung; and Verizon, AIF, and Mitsui to engage in cellular operations in Indonesia. PT Rajawali Corporation was founded in 1984 and is based in Jakarta, Indonesia.

Jl Mega Kuningan Lot 5.1 Menara Rajawali Lt 27-28

Kuningan Timur

Setia Budi

Jakarta,  12950


Founded in 1984


62 21 576 0808


62 21 576 1588

Key Executives for PT Rajawali Corporation

Founder and Owner
Age: 62
Chief Corporate Officer
Compensation as of Fiscal Year 2015.

PT Rajawali Corporation Key Developments

Surya Semesta Considers Buying Stake In Nusantara Infrastructure

The Chief Executive Officer of PT Surya Semesta Internusa Tbk (JKSE:SSIA) said on July 1, 2015 that he was considering buying PT Rajawali Corporation's entire 21% stake in PT Nusantara Infrastructure (JKSE:META). Surya Semesta Chief Executive Officer Johannes Suriadjaja told reporters that he is interested in the stake so the company can expand its toll road business, reported Reuters.

Saratoga Investama Plans To Acquire 51% Stake in Express Transindo From Rajawali Corp.

PT Saratoga Investama Sedaya Tbk (JKSE:SRTG) plans to acquire 51% stake in PT Express Transindo Utama Tbk (JKSE:TAXI) from PT Rajawali Corporation. The value of stake is about INR 1.26 trillion based on Express Transindo's closing price on April 17, 2015.

PT Rajawali Plans To Launch IPO For PT Archi Indonesia

PT Rajawali Corporation seeks to launch an initial public offering for PT Archi Indonesia by the end of 2014 and expects to raise more than $300 million, said Hoesen, Director of the Indonesia Stock Exchange. PT Rajawali aims to sell 15-20% of its enlarged capital and has PT Danareksa Sekuritas, and two foreign securities firms as underwriters.

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Recent Private Companies Transactions

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April 17, 2015
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