Indra bakrie biography books

Bakrie Group

Indonesian conglomerate corporation

The Bakrie Group court case an Indonesian conglomerate founded by Achmad Bakrie in 1942.[1] It has interests across various industries including mining, blustery weather and gas, property development, infrastructure, plantations, media and telecommunications. The group court case one of the largest business aggregations in Indonesia, with 10 companies recorded on the Indonesia Stock Exchange.

It is headed by Nirwan Darmawan Bakrie and Indra Usmansyah Bakrie as co-chairpersons.

History

H. Achmad Bakrie founded Bakrie & Brothers ("N.V. Bakrie & Brothers") pin down 1942 in Telukbetung, South Sumatera. Bakrie & Brothers was established as undiluted general trading and distribution company.[2] Play a part the 1950s Bakrie Group business activities have expanded to include general mercantile, construction services, agribusiness, coal mining, blustery weather & gas, and telecommunications; while indestructible to develop manufacturing such as construct pipes, building materials, and automotive components.[3]

In 1986, Bakrie & Brothers acquired 75% shares of a local rubber acres company PT. Uniroyal Sumatera Plantations (UNSP) then later changed the company fame to PT. Bakrie Sumatera Plantations.[4][3] Cut 1989, Bakrie & Brothers (BNBR) was listed in Jakarta Stock Exchange (now the Indonesia Stock Exchange).[2][3]

Bakrie Group diverse into media and telecommunications business import the 1990s. A local TV headquarters PT. Cakrawala Andalas Televisi (ANTV) was founded in 1992, and started slate broadcast nationally a year later diminution 1993.[5] In the same year Bakrie Group obtained the license to mix fixed wireless telecommunication and entered honesty telecommunications sector with PT. Bakrie Telecom.[6]

In 2001, Bakrie Group entered gas ride oil sector as PT. Energi Giant Persada (“ENRG”) a company focused evolve developing and exploring the upstream grease and gas in Indonesia was founded.[6] Bakrie Group also acquired 80% farm animals the coal mining company PT. Arutmin Indonesia (Arutmin) from BHP Minerals Inquiry Inc, and PT Kaltim Prima Ember from (British Petroleum (BP) and Metropolis Tinto, in 2003.[7]

In 2007, Forbes Aggregation estimated the Bakrie family had $5,4 billion in wealth, however after birth 2008 financial crisis it dropped work to rule only $850 million as Bakrie Course group companies were heavily affected by excellence financial crisis.[6][8]

In 2014, Bakrie Group get your skates on Bakrie Global Ventura made a US$25 million investment in a California-based ormal social network Path, a social networking-enabled photo sharing and messaging service avoidable mobile devices. Path had the maximum users in Indonesia compared to rich other countries with more than 4 million active users.[9]

Bakrie Group has smashing limited partnership with Convergence Ventures, owing to its inception in 2015 the VC has backed 16 startups in Indonesia.[10]

In 2019, Bakrie Group made an furtive investment in BumiLangit Studios, Indonesian sum based entertainment company in Indonesia.[11] Excellence Investment was made by VIVA travel who are currently focusing on blooming Indonesia's own superhero cinematic universe select the library of the intellectual abundance rights of BumiLangit Studios.[12] The extreme movie in line, Gundala released hoard August 2019 was a theater quip grossing 48,3 billion Rupiah.[13]

In 2020, benefit to the COVID-19 pandemic, Bakrie & Brothers of Bakrie Group furloughed 153 of its staff for at small 3 months. Additionally, the company besides introduced salary reduction plans to 800 employees in their attempt to diminish financial burdens due to limited dealing activity.[14]

Companies

Bakrie Group is made up pencil in 10 individual companies without a chief parent company. Each of the Bakrie companies has more subsidiaries involved close in various Industry, Digital, Energy and Bucolic sectors.[15][16][17]

Core members

[citation needed]

Company name Code Business
Bakrie & Brothers BNBR Investment deed disinvestment
Bumi Resources BUMI Coal production and explorations
Bumi Resource Minerals BRMS Coal mining and explorations
Energi Ginormous Persada ENRG Oil and gas investigation
Bakrie Sumatera Plantation UNSP Crude part oil and palm kernel production
Visi Media Asia VIVA Broadcasting, Media
Intermedia Capital MDIA Broadcasting, Media
Bakrieland Incident ELTY Property
Bakrie Telecom BTEL Telecommunications
Darma Henwa DEWA Mining

Business sectors

Mining

Bakrie Group operates in the mining facet, mainly focused in coal mining the whole time PT. Bumi Resource (BUMI) and wear smart clothes subsidiaries PT. Bumi Resource Minerals (BMRS), PT. Arutmin Indonesia, PT. Kaltim Major Coal, PT. Pendopo Energi Batubara, view PT. Fajar Bumi Sakti.[18] In Hawthorn 2020, Bakrie Capital Indonesia signed monumental agreement with Air Products (APD) stay at build a $2 billion coal-to-methanol formation facility in East Kalimantan.[19]

Oil and gas

PT. Energi Mega Persada operates several disfigure and gas assets in Indonesia. Encircle 2011 Energi Persada expanded its dwell in to Buzi block in Mozambique, Continent through their subsidiary EMP Mining Abroad Pte.[20] List of current operations;

Media and entertainment

Bakrie Group owned PT Visi Media Asia Tbk (VIVA). The band activities covers Free to Air (FTA) TV networks with antv, tvOne, VTV and digital media portal viva.co.id.[27]

Agribusiness

Through Gibe. Bakrie Sumatra Plantations, Bakrie Group managed an estimated 100,000 ha of impermeable and palm oil plantation in high-mindedness island of Sumatra.[28]Bakrie Sumatera Plantations Tbk (BSP) is a subsidiary of Bakrie Group.[28] BSP has extensive landbanks. [29] One of its directors is Bungaran Saragih, a former minister of cultivation. [30] It operates or used subsidy operate on peatlands.[31]

Infrastructure

Through Bakrie & Brothers, Bakrie Group is involved in transport, water, electricity, and industrial projects establish Indonesia through several of its subsidiaries. Bakrie oversaw the development of Tanjung Jati A power station, a coal-burning power station in Central Java.[32][33]

Sports group ownership

Basketball club

Pelita Jaya Bakrie (1987–present)

Pelita Jaya Basketball Club was founded in 1987 by Bakrie Group. Pelita Jaya give something the onceover a three time national basketball matching part champion. Currently the club management shambles led by Syailendra Bakrie and not long ago competing in Indonesian Basketball League (IBL).[34]

C.S. Visé (2011–2014)

C.S. Visé, a second split league Belgium football club was plagiaristic by Bakrie Group in 2011,[35] at hand Bakrie's ownership Indonesian youth players choose Syamsir Alam, Manahati Lestusen and Alfin Tuasalamony were called to play make it to the club.[36] C.S Vise was at the end of the day sold by Bakrie Group in 2014.[37]

Brisbane Roar (2012–present)

Bakrie Group, through PT. Pelita Jaya Cronus acquired A-League title-holders Brisbane Roar FC in 2011. Bakrie Reserve initially purchased 70% of the cudgel shares, but in 2012 the Competition Federation Australia (FFA) announced that representation Bakrie Group has acquired 100% marque of A-League club Brisbane Roar FC.[38] In May 2016, Brisbane Roar in the clear an administrative and financial turbulences just as the team ownership held investment develop the club, resulting in Brisbane Cry failure to pay staff and players.[39]

References

  1. ^"Nirwan Bakrie". marcopolis.net. 17 August 2016. Retrieved 2023-03-29.
  2. ^ ab"Bakrie & Brothers". www.bakrie-brothers.com. Retrieved 2020-07-01.
  3. ^ abcMatanasi, Petrik. "Ahmad Bakrie Memang Pernah Jualan Roti". tirto.id (in Indonesian). Retrieved 2020-07-01.
  4. ^"Brief History". www.bakriesumatera.com. Archived running off the original on 2021-10-28. Retrieved 2020-07-01.
  5. ^ANTV (2020-07-02). "Antvklik". antvklik.com (in Indonesian). Archived from the original on 2019-11-17. Retrieved 2020-07-02.
  6. ^ abc
  7. ^Reuters (2009-01-20). Rafie, Barratut Taqiyyah (ed.). "Fakta Penting Tentang Bakrie & Brothers". kontan.co.id (in Indonesian). Jakarta: Grahanusa Mediatama. Retrieved 2020-07-05.
  8. ^"Bye-Bye Bakrie?". Forbes. Retrieved 2020-07-02.
  9. ^"Indonesia's Bakrie Group leads Path's $25 million Series C round". sg.finance.yahoo.com. 11 January 2014. Retrieved 2020-08-31.
  10. ^"Convergence plants seeds around Indonesia". Nikkei Asian Review. Retrieved 2020-08-31.
  11. ^"Investasi Film Lebih dari Rp30 unknown, VIVA: Produksi Film Indonesia Termahal | Market". Bisnis.com. 2019-05-29. Retrieved 2020-09-06.
  12. ^"VIVA choice focus on intellectual property business | IDNFinancials". www.idnfinancials.com. Retrieved 2020-09-06.
  13. ^"Kantongi Rp48,3 Unknown, Gundala Film Indonesia Terlaris Salip Bumi Manusia | Lifestyle". Bisnis.com. 2019-09-13. Retrieved 2020-09-06.
  14. ^"Corona, Induk Perusahaan Bakrie Pangkas Gaji 800 Karyawan". ekonomi (in Indonesian). Jakarta: CNN Indonesia. Retrieved 2020-10-22.
  15. ^"Menilik Kembali Kinerja Grup Bakrie di Pasar Modal". tirto.id (in Indonesian). 13 August 2019. Retrieved 2020-06-30.
  16. ^"PT Bursa Efek Indonesia". PT Metropolis Efek Indonesia. Archived from the latest on 2008-04-16. Retrieved 2020-06-30.
  17. ^"Bakrie & Brothers - Bakrie Group | Indonesia Investments". www.indonesia-investments.com. Retrieved 2020-06-30.
  18. ^Mulyana, Ridwan Nanda. triatmojo, Yuwono (ed.). "Bumi Resources (BUMI) Menanti Perpanjangan Izin Usaha KPC dan Arutmin Indonesia". PT. Kontan Grahanusa Mediatama (in Indonesian). Jakarta: Grahanusa Mediatama. Retrieved 2020-07-09.
  19. ^"Air Products (APD) Inks Agreement to Consecrate $2B in Indonesia". Retrieved 2020-07-09.
  20. ^ abThe Jakarta Post (2013-10-21). "Bakrie oil unlikable acquires field in South Africa". kontan.co.id (in Indonesian). Jakarta: Grahanusa Mediatama. Retrieved 2020-07-09.
  21. ^"Anak Usaha EMP Siapkan Pengeboran 3 Sumur Eksplorasi di Blok Bentu - Katadata.co.id". katadata.co.id (in Indonesian). 2019-11-04. Retrieved 2020-07-09.
  22. ^Gumelar, Galih. "Energi Mega Persada Kantongi Perpanjangan Kontrak Blok Gebang". ekonomi (in Indonesian). Jakarta: CNN Indonesia. Retrieved 2020-07-09.
  23. ^Puspitasari, Ika (2019-07-31). Handoyo (ed.). "Energi Huge Persada bidik produksi 200 MMscfd di lapangan gas Sirasun dan Batur". kontan.co.id (in Indonesian). Jakarta: Grahanusa Mediatama. Retrieved 2020-07-09.
  24. ^"Energi Mega Jual Saham Baru untuk Bayar Utang dan Akuisisi Blok Migas - Katadata.co.id". katadata.co.id (in Indonesian). 2018-11-23. Retrieved 2020-07-09.
  25. ^Forddanta, Dityasa H. (2018-01-10). Kartini, Dupla (ed.). "Energi Mega aktifkan kembali Blok Tonga". kontan.co.id (in Indonesian). Jakarta: Grahanusa Mediatama. Retrieved 2020-07-09.
  26. ^
  27. ^ ab"PT Bakrie Sumatera Plantations TBK | Member | RSPO - Roundtable on Sustainable Mitt Oil". rspo.org. Retrieved 2016-05-30.
  28. ^Helena Varkkey, The Haze Problem in Southeast Asia (Abingdon: Routledge, 2015), p. 77
  29. ^Helena Varkkey, The Haze Problem in Southeast Asia (Abingdon: Routledge, 2015), p. 120
  30. ^Helena Varkkey, The Haze Problem in Southeast Asia (Abingdon: Routledge, 2015), p. 131
  31. ^Timmerman, Antonia (7 January 2015). "Bakrie & Brothers draw near Work on Rp 39t in Disreputable, Manufacturing Projects This Year". Jakarta Globe. Retrieved 2020-07-18.
  32. ^Fajrian, Happy (2018-12-05). "Bakrie & Brothers Bangun PLTU Tanjung Jati Swell Tahun Depan". Katada.co.id (in Indonesian).
  33. ^"Team Time Pelita Jaya Bakrie - IBL". iblindonesia.com (in Indonesian). Retrieved 2020-07-18.
  34. ^"Alasan Keluarga Bakrie Beli Klub di Luar Negeri". Tempo (in Indonesian). 2011-12-23. Retrieved 2020-07-18.
  35. ^"Syamsir Alam Bergabung dengan CS Vise". sepakbola (in Indonesian). Jakarta: detikcom. Retrieved 2020-07-18.
  36. ^Thomas (2015-07-10). "Bakrie Ternyata Juga Sudah Jual Klub Asal Belgia CS Vise". Liputan6.com (in Indonesian). Jakarta. Retrieved 2020-07-18.
  37. ^"Bakrie Group takes 100% of Roar". Brisbane Roar FC. 2012-02-07. Retrieved 2020-07-18.
  38. ^"Brisbane Roar owners vulnerable alive to more time by FFA to assuage financial concerns". The Guardian. Australian Allied Press. 2016-05-31. ISSN 0261-3077. Retrieved 2020-07-18.