Wednesday, Nov 21, 2018
PT PEMBANGUNAN PERUMAHAN (PP)


History of Corporate  
 
1953

PT PP (Persero) was established under the name of NV Pembangunan Perumahan based on the Notarial Deed No. 48 of August 26, 1953. At the time it was established PT PP (Persero) was entrusted to build houses for the officers of PT Semen Gresik Tbk, a subsidiary of BAPINDO in Gresik. Along with increased trust, PT PP (Persero) received the duty to construct large projects that were related to war compensations the Government of Japan paid to the Republic of Indonesia, namely : - Hotel Indonesia, Bali Beach Hotel, - Ambarukmo Palace Hotel and - Samudera Beach Hotel.

1960

In compliance to Government Regulation No. 63 year 1960, PN (Perusahaan Negara) Pembangunan Perumahan changed into PN Pembangunan Perumahan.

1962

In 1962, PT PP (Persero) completed the construction of Hotel Indonesia, a 14 stories with 427 rooms, which at the time was the highest building in Indonesia.

1971

In compliance to the Government Regulation No. 39 year 1971, PN Pembangunan Perumahan changed and become PT Pembangunan Perumahan (Persero), which was legalized through the Deed No. 78 dated March 15, 1973. The Company's core business was construction services.

1991-2007

For more than five decades, PT PP (Persero) has been a key player in the national construction business. Several mega projects have been constructed in that period. Subsequently, starting in 1991, PT PP (Persero) diversified its business, including office space rental at Plaza PP and realty business development in the area of Cibubur, and also the establishment of several subsidiaries through partnerships with foreign companies, among others PT PPTaisei Indonesia Construction and PT Mitracipta Polasarana.

2009

In 2009, in line with business growth and increaseingly strong financial condition, then PT PP (Persero) to prepare a transformation where in 2009 PT PP (Persero) will implement the program in Public Offering Shares to the Public (Initial Public Offering/IPO). Where implementation of program IPO of PT PP (Persero) has received approval from the Government of the Republic of Indonesia in accordance with the Indonesian Goverenment Regulation No. 76 Year 2009 in Amendment of State Shareholding Structure through Issuance and Sale of New Share in the Company (Persero) PT Pembangunan Perumahan dated December 28th 2009

2010

With new Regulation from the Government regarding the Changing of the Ownership Structure of State's Shares, therefore on February 9th 2010 PT PP (Persero) has fulfilled the listing requirement in PT Bursa Efek Indonesia (BEI). Commencing from the abovementioned date, PT PP (Persero) Tbk shares have officially been listed and could be traded in Bursa Efek Indonesia (BEI).
 
 


Address: Plaza PP - Wisma Subiyanto Jl. Letjend. TB. Simatupang No. 57 Pasar Rebo, Jakarta 13760 - Indonesia
Phone number: (021) 840 3883 (hunting)
Fax: (021) 840 3936 & 840 3890
Web: http://www.pt-pp.com

RELATED NEWS


CONTACT THIS COMPANY




BLOG
405

ENTREPRENEURSHIP: An overused concept for an underused reality.

2017/07/13

When being part of a generation on which the flag of entrepreneurship seems to be constantly waving in the sea of young professionals looking to succeed in the business world, more often than not, we tend to drown in the... Read More


FOLLOW US
          
SUBSCRIBE


FACEBOOK
LINKEDIN
TWITTER

COUNTRY ARTICLES AND INTERVIEWS




© Worldfolio Ltd.

The Worldfolio provides intelligence about the economies with the highest growth potential in the world, with a focus on understanding them from within.

SUBSCRIBE


FOLLOW US                   | Terms and conditions - Privacy policy - Cookies policy.