June 25, 2018 8:24 AM ET

Insurance

Company Overview of PT Tugu Pratama Indonesia

Company Overview

PT Tugu Pratama Indonesia engages in general insurance, reinsurance, and sharia businesses in Indonesia. The company operates through four segments; General Insurance, Reinsurance, Rental and Related Businesses, and Others. The company also offers onshore and offshore energy, fire and property, aviation, engineering, health, and sharia insurance products; and marine hull, cargo, and protection and indemnity insurance products. It provides credit and suretyship insurance products, such as bid, performance, advance payment, and maintenance bond insurance, as well as credit; personal insurance products, including home, motor vehicle, and personal accident insurance products; and miscellaneous i...

Wisma Tugu I

Jalan H.R. Rasuna Said, Kav C 8-9

Jakarta,  12920

Indonesia

Founded in 1981

Phone:

62 21 529 61777

Fax:

62 21 529 61555

Key Executives for PT Tugu Pratama Indonesia

PT Tugu Pratama Indonesia does not have any Key Executives recorded.

PT Tugu Pratama Indonesia Key Developments

Eleven Entities Mulls IPO

Eleven entities intend to launch initial public offering (IPO). OSme of the entities seeking an IPO are PT Wijaya Karya Realty, PT Tugu Pratama Indonesia, PT Indonesia Kendaraan Terminal, PT Pelabuhan Tanjung Priok, PT Pembangunan Perumahan Energi and PP Urban Precast. "Eleven of our companies have expressed interest to go public this year. Some of them had postponed their IPO plans last year," Aloysius Kiik Ro, restructuring and business development deputy at the ministry, said on February 7, 2018. He did not disclose the potential size of the IPOs. He said the State-Owned Enterprises ministry will establish a committee comprising ministerial deputies, public policy executives, capital market analysts and experts to assist these companies before undertaking their IPOs. "The committee will give recommendations on the IPO, acquisition and bond issuance for the SOE subsidiaries," he said. The committee will help set the size of the IPOs, the offering price and the schedule.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
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