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March 28, 2015 10:35 AM ET

Commercial Services and Supplies

Company Overview of PT Jamsostek (Persero)

Company Overview

PT Jamsostek (Persero) operates as an agency that administers the social security workforce that meets the basic protection for workers. It offers social security programs in the areas of provident fund benefit, health care benefit, work-related accident benefit, death benefit, informal sector, and construction sector. The company was founded in 1977 and is based in Jakarta, Indonesia.

Jl. Jendral Gatot Subroto No. 79

Jakarta,  12930

Indonesia

Founded in 1977

Phone:

62 21 520 7797

Fax:

62 21 520 2310

Key Executives for PT Jamsostek (Persero)

President Director
Age: 47
Head of Finance Division
Head of Regional Office Sulawesi
Head of Internal Control Bureau
Head of Insurance Development Division
Compensation as of Fiscal Year 2014.

PT Jamsostek (Persero) Key Developments

Jamsostek Expresses Interests For Asuransi Jiwa Stake

Ministry of State-Owned Enterprises said that four companies have expressed interest in PT. Asuransi Jiwa InHealth Indonesia from PT Asuransi Kesehatan including PT Jamsostek, SOE Ministry official said. OE Service Business Division Deputy Gatot Trihargo said Jamsostek will buy InHealth’s shares with direct investment so that it does not breach investment rule.

PT Jamsostek Announces Earnings Results for the First Quarter of 2013

PT Jamsostek announced earnings results for the first quarter of 2013. For the period, the company harvested IDR 4.7 trillion in revenue from its investments in the first quarter of 2013, adding to its accumulated investment fund of IDR 140 trillion as of March 31, 2013. Of the total IDR 140.8 trillion, IDR 123.9 trillion was derived from pensions with only IDR 16.8 trillion coming from funds collected under occupational accidents and life insurance. Company's investments grew at only an average 8% per year.

PT Jamsostek Reports Revenue Results for the First Quarter of 2013

PT Jamsostek reported revenue results for the first quarter of 2013. For the quarter, the company reported IDR 4.7 trillion ($484 million) in revenue from its investments, adding to its accumulated investment fund of IDR 140 trillion as of March 31, 2013.

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Recent Private Companies Transactions

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