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March 28, 2015 3:47 PM ET

Specialty Retail

Company Overview of PT Bosowa Corporindo

Company Overview

PT Bosowa Corporindo, through its subsidiaries, engages in automotive, cement, logistics and transportation, mining, property, finance sector, infrastructure, energy, and media businesses in Indonesia and internationally. It distributes new cars, used cars, and spare parts, as well as offers car services; and manufactures cement products. The company also offers land transportation of passengers, and cements and cements’ raw materials; provides shipping, air carrier, and taxi services; offers passenger car rental services for corporate and individual customers; and operates a fleet of taxis and rental cars. In addition, it produces marble tiles, nickel, ready mix concrete, trass, and stone c...

Menara Karya Building, 16th Floor

JL. H.R. Rasuna Said

Blok X-5

Kav. 1-2

Jakarta,  12950

Indonesia

Founded in 1994

Phone:

62 21 5794 4344

Fax:

62 21 5794 4544

Key Executives for PT Bosowa Corporindo

President Director
Compensation as of Fiscal Year 2014.

PT Bosowa Corporindo Key Developments

Bosowa Eyeing Sky Aviation

PT Bosowa Corporindo’s (Bosowa Group) unit, PT. Ersa Eastern Aviation may take over PT Sky Aviation. Bosowa’s Chief Executive Officer, Erwin Aksa said that the company was still in the process of acquiring a 100% stake in Sky Aviation from its previous investors. kontan.co.id quoted the official as saying, “e are still in the process of acquiring the company and we plan to have a new business model.” According to the news report, the official He refused to elaborate on the company’s new plans for Sky Aviation, but he said that Bosowa would change the name of the company. He added, “We also want to buy a number of new aircraft to add to the current Sky Aviation fleet.”

Bosowa Corporindo Reportedly To Acquire Additional Stake In Bank Bukopin

PT Bosowa Corporindo plans to pour in additional capital of IDR 350 billion to increase its ownership beyond 14% in PT bank Bukopin Tbk (JKSE:BKP), the Jakarta Globe reported citing Sadikin Aksa, Managing Director of Bosowa Corporindo.

Bosowa Eyes Stake In Bank Bukopin

PT Bosowa Corporindo is set to be announced as the preferred buyer of a 30% stake in PT Bank Bukopin Tbk (JKSE:BBKP) for $250 million, two sources with direct knowledge of the auction said.

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Recent Private Companies Transactions

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