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" Strengthening harmonious business continuity through harmonious collaboration, we are able to create a favorable business climate so that various initiatives and business strategies can be implemented as planned."

2006

  • Establishment of PT Provident Agro

2007

  • Acquiring PT Mutiara Agam plantation in West Sumatera along with the Palm Oil Mill (POM) with the capacity of 30 tons of fresh fruit bunches (FFB) per hour
  • Obtaining loan facility from PT Bank DBS Indonesia
  • Acquiring PT Langgam Inti Hibrindo plantations in Riau
  • Acquiring PT Saban Sawit Subur plantations in West Kalimantan

2008

  • Acquiring PT Surya Agro Persada plantations in South Sumatera
  • Establishing PT Mutiara Sawit Seluma plantations in Bengkulu

2009

  • Acquiring PT Transpacific Agro Industry plantations in South Sumatera
  • Obtaining loan facility from Deira Equity (S) Pte. Ltd. and Deira Investments (S) Pte. Ltd.

2010

  • Initiating the construction of POM with the capacity of 30 tons FFB per hour in PT Langgam Inti Hibrindo

2011

  • Obtaining loan facility from PT Bank Mandiri (Persero) Tbk
  • POM of PT Langgam Inti Hibrindo in Riau starts to operate

2012

  • Acquiring plantations of PT Global Kalimantan Makmur, PT Semai Lestari, PT Agrisentra Lestari in West Kalimantan along with POM of 45 tons of FFB per hour capacity
  • Acquiring plantations of PT Nakau in Lampung and PT Sumatera Candi Kencana in South Sumatera
  • Initial Public Offering of PT Provident Agro
  • Obtained ISO 14001: 2004 Certification on Environmental Management System and  OHSAS  18001:2007 Certification on  Health  and  Safety  Management System.

2013

  • Obtained loan facility from PT Bank Permata Tbk.
  • Issuance of Preemptive Rights of 2,111,994,000 additional shares.

2014

  • Acquired plantations of PT Inti Global Laksana dan PT Banyan Tumbuh Lestari in Gorontalo.
  • Started the construction of POM at PT Saban Sawit Subur and PT Transpacific Agro Industry both with capacity  of  45  tons  FFB/per hour.
  • Started  the  construction  of  bulking  at PT Nusaraya Permai.
  • Issuance of 79,560,356 additional shares without Preemptive Rights.
  • Divested all the ownership in PT Surya Agro Persada to a third party.

2015

  • Started theoperation of POM at PT Saban Sawit Subur in West Kalimantan & at PT Transpacific Agro Industry in South Sumatra,
  • Completed the construction of bulking tanks at PT Nusaraya Permai,
  • Obtained loan facility from PT Bank Rakyat Indonesia (Persero), Tbk.

 

2016

  • Divested all the ownership of PT Global Kalimantan Makmur, PT Semai Lestari, PT Saban Sawit Subur and  PT Nusaraya Permai to the third party. 
  • Distribution of an interim dividend for the financial year 2016. 
  • Divested all the ownership of PT Nakau to the third party.

2017

  • Reduction of the Company’s authorized, issued and paid capital is done by way of reduction in par value of shares from Rp100.00 per share to Rp15.00 per share.
  • Buyback on the Company’s shares on April 25, 2017 until October 24, 2017 amounted to 2,779,300 shares.
  • Divested all the ownership of PT Agrisentra Lestari to the third party.
  • Distribution of a cash dividend for the financial year 2016.

2018

  • Divested all the ownership of  PT Transpacific Agro Industry dan PT Sumatera Candi Kencana to the third party.
  • Buyback on the Company’s shares on June 5, 2018 until June 4, 2019 amounted to 36,727,900 shares.
  • Divested all the ownership of  PT Langgam Inti Hibrindo to the third party.
  • Distribution of a cash dividend for the financial year 2017.
  • Divested all the ownership of PT Mutiara Sawit Seluma to the third party.