PPID

PPID

Home     /     PPID     /     Public Information     /     Periodic Information

Business Activities Based on the Latest Articles of Association and Carried Out During the Fiscal Year

As stated in Article 3 of the Company’s Articles of Association, which was last amended and ratified through Deed No. 54 dated March 10, 2023, made before Desman, S.H., M.Hum, , Notary in Jakarta, the purpose and objective of PPA is to carry out business in the field of managing State assets originating from the Indonesian Bank Restructuring Agency (IBRA) for and on behalf of the Minister of Finance, restructuring and revitalization of BUMN, investments, management of BUMN assets in accordance with applicable laws and regulations and supporting business activities that support its main business activities as long as they do not conflict with laws and regulations.

To achieve the aims and objectives stated in the Company’s Articles of Association, the business activities carried out by the Company in 2024 included :

Products and/or Services Offered

Based on the above business activities, the PPA products and services include :

  1. Managing state assets acquired from the Indonesian Bank Restructuring Agency (IBRA), including: Sale of property assets, shares, receivables, leases of property assets, collection of
    receivables, collaboration with other parties to increase asset value, restructuring property assets, shares, and receivables to increase value.

  2. Restructuring and/or revitalizing SOEs, including corporate restructuring and Company revitalization to improve SOE performance.

  3. Carrying out investment activities, including providing loans for project financing and/or other business activities, placing funds in a project and/or other business activities, placing
    funds for projects and/or other business activities, purchasing, developing, and/or selling/leasing assets, making investments (in terms of establishing, purchasing shares that have been issued
    or shares in savings) in companies that are temporary in nature to enhance their resale value, investing in Marketable Securities by purchasing debt securities including quasi-equity listed or not listed on the stock exchange, purchasing shares, warrants and other derivative products through the stock exchange.

  4. Managing State-Owned Enterprises’ assets, including development and utilization of assets to increase their value, development and utilization of assets in collaboration with other parties, and asset management services.

Management of Non- Performing Loan.

Special Situations Fund.

Strategic Initiatives
As of December 31, 2024, the Company handled 13 BUMN Under Management, as mandated by the Ministry of BUMN through a Special Power of Attorney (“SKK”). In addition to BUMN Under Management, the Company also manages other BUMN based on assignments.

Thank you for sending the request, we will take it further

Terima kasih sudah mengirim permohonan, pengajuan akan kami tindak lanjuti.

Advanced Font changer : Font changed to ‘Open Sans’, sans-serif
Advanced Font changer : Font changed to ‘Open Sans’, sans-serif
Advanced Font changer : Font changed to ‘Open Sans’, sans-serif

I agree that PT Perusahaan Pengelola Aset (“Company”) may process my Personal Data, in accordance with the provisions of Law No. 27 of 2022 on the Protection of Personal Data and its adjustments and other laws and regulations and the Company’s Privacy Policy for the purposes as inputted by me on the Information Submission Form on the Company’s official website.

I also declare that :

  1. All Personal Data submitted to the Company is true and accurate data in accordance with the latest conditions and if there are changes to the Personal Data, then I will inform and request the Company to update and/or correct the Personal Data in accordance with the latest valid information.

  2. I am fully responsible for all losses incurred, both material and immaterial in the event of failure to protect Personal Data caused by my negligence and/or intentionality and/or the party authorized by me.

  3. The Company may store, share, and delete My Personal Data if required by laws and regulations, there are instructions from regulators or authorized agencies, and/or to safeguard My and/or the Company’s interests.
Advanced Font changer : Font changed to ‘Open Sans’, sans-serif
Menyetujui bahwa PT Perusahaan Pengelola Aset (“Perusahaan”) dapat melakukan pemrosesan terhadap Data Pribadi Saya, sesuai ketentuan Undang-Undang Nomor 27 Tahun 2022 tentang Pelindungan Data Pribadi beserta penyesuaiannya dan peraturan perundang-undangan lainnya serta Kebijakan Privasi Perusahaan untuk tujuan seperti yang saya input pada Form Pengajuan Informasi di website resmi Perusahaan.
 
Saya juga menyatakan bahwa :

  1. Seluruh Data Pribadi yang disampaikan kepada Perusahaan adalah data yang benar dan akurat sesuai dengan kondisi terkini dan jika terdapat perubahan Data Pribadi tersebut, maka Saya akan menginformasikan dan meminta kepada Perusahaan untuk melakukan pembaharuan dan/atau perbaikan atas Data Pribadi tersebut sesuai dengan informasi terkini yang sah.

  2. Saya sepenuhnya bertanggung jawab atas segala kerugian yang timbul, baik materi maupun immateril apabila terjadi kegagalan pelindungan Data Pribadi yang disebabkan karena kelalaian dan/atau kesengajaan Saya dan/atau pihak yang diberikan kuasa oleh Saya.

  3. Perusahaan dapat menyimpan, berbagi, dan menghapus Data Pribadi Saya jika diwajibkan oleh peraturan perundang-undangan, terdapat instruksi dari regulator atau instansi berwenang, dan/atau untuk menjaga kepentingan Saya dan/atau Perusahaan.
Advanced Font changer : Font changed to ‘Open Sans’, sans-serif
Advanced Font changer : Font changed to ‘Open Sans’, sans-serif