PPA’s Commitment to Accelerate Economic Growth of the Country

PPA’s Commitment to Accelerate Economic Growth of the Country

We are the strategic tool of the Government of Indonesia to serve as active shareholder in strengthening SOEs business fundamentals, support banking stability, and drive economic impact through investment.

We are the strategic tool of the Government of Indonesia to serve as active shareholder in strengthening SOEs business fundamentals, support banking stability, and drive economic impact through investment.

In a strategic plan to beef up Indonesia’s SOEs, the Government of Indonesia establish a grand plan to consolidate PPA and PT Danareksa (Persero) into a holding group of National Asset Management Company (NAMCO). The synergy of the two institutions will act as a centre of excellence in performing restructuring and asset management for SOEs.

In preparing for the strategic plan, PPA has been undertaking series of transformation to enhance its organizational capabilities. In addition to reinforcement in management team and organizational structure, the Company also received strong support from the Government of Indonesia to strengthen its role as well as capital structure.

Strengthening PPA’s role on SOE restructuring, in September 2020 PPA received special power of attorney from the Government of Indonesia through the Ministry of SOEs to lead restructuring initiatives on 23 SOEs. At the same time, the Company issued corporate bond valued IDR642.1 billion, marking its first issuance in the capital market that also signifies a bigger commitment to implement corporate governance.

In April 2021, the Government of Indonesia transferred the rights of minority ownership on 5 companies to PPA. This in-kind injection further strengthened the Company’s capital structure, providing financial flexibility to access capital in the future.

PPA will assist the SOEs under management to pave their way towards sustainable business growth by performing turnaround and restructuring initiatives as well as to divest or liquidate the business in the absence of future growth prospect. All these efforts will further contribute to acceleration of Indonesia’s economic growth.

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