Historical Journey

2019

On October

On 31 October, PT ABM Investama Tbk invested in PT Multi Harapan Utama (MHU), by subscribing for 550 C Series’ shares or the equivalent of 10% shares issued by MHU through ANN.

On August

On August 14, Reswara took over the majority share ownership of PT Nagata Hidro Buakayu from PT Nagata Dinamika, and changed the company name to PT Agata Nugraha Nastari (ANN).

On April

On April 26, PT ABM Investama Tbk release all the shares of PT Nagata Dinamika Hidro Madong, which was later acquired by another company outside the ABM group.

2018

On November

On November 30, Sewatama issued new shares that were taken over entirely by PT Godra Investama Mandiri (GIM), a company outside the ABM Group, which implied in a change of control over Sewatama from ABM to GIM.

2017

On December

On December 28, CKB Logistics took over all of Reswara's shares in PBR, so CKB Logistics became the Majority Shareholder in PBR.

On November

On November 16, SSB established PT SSB Sammitr Distribution (SSD) together with PT Sammitr Indonesia to carry out the business of supplying spare parts for heavy equipment / trucks.

On August

On August 1 and November 28, PT ABM Investama Tbk issued US $ 350 million in Global Bonds on the Singapore Stock Exchange with a coupon of 7.125%.

On May

In May 2017, PT ABM Investama Tbk acquired 99% of PT Prima Wiguna Parama (PWP) shares from PT Sanggar Sarana Baja (SSB). Thus, PWP focused itself as a petroleum trading company for the industrial and mining sectors.

2016

On November

In November, PT ABM Investama Tbk and Sewatama established PT Anzara Janitra Nusantara to handle future Power Producer (IPP) projects.

2015

On July

On 6 July, PT Nagata Bisma Shakti and PT Pradipa Aryasatya established PT Nagata Biogas Dwienergi.

On June

On 17 June, CKB Logistics and Sewatama established PT Dianta Daya Embara.

ABM

In 2015, PT ABM Investama Tbk began to carry out a transformation program to encourage business growth and balance in its business portfolio by shifting the focus from a coal-oriented energy business to independent power generation oriented.

2014

On October

On 28 October, PT Nagata Dinamika and PT Nagata Bisma Shakti established PT Nagata Dinamika Hidro Pongko.

On October

On 28 October, PT Nagata Dinamika and PT Nagata Bisma Shakti established PT NDH Buakayu.

On October

On 28 October, PT Nagata Dinamika and PT Nagata Bisma Shakti established PT NDH Buakayu Ulu.

On September

On 15 September, PT Nagata Bisma Shakti and PT Pradipa Aryasatya established Nagata Bio Energi.

On May

On 12 May, PT Pradipa Aryasatya and PT Sumberdaya Sewatama established Pradipa Aceh Daya.

On January

On January 22, PT Nagata Dinamika and PT Nagata Bisma Shakti established PT Punggawa Nagata Dinamika Hidro.

2013

On June

On 27 June, PT ABM Investama Tbk officially became an operational holding company.

2012

On December

On 18 December, PT Cipta Kridatama (CK), which operates in the mining contractor services sector, secured a US $ 396 million contract with PT Tunas Muda Jaya for the next five years for mining services.

On November

PT Tunas Inti Abadi (TIA) secured an additional 3 million metric tons in coal sales contracts with Avra Commodities for the next five years. This effectively increases the total agreement to 18 million metric tonnes consisting of TIA Compliant Coal and other coals sold through TIA Traded Coal on 22 November 2012.

On November

PT Pradipa Aryasatya, a Sewatama subsidiary active in thermal energy within the independent power sector served as a vehicle for the acquisition worth US$ 7 million. In November 2012 Sewatama issued bonds consisting of conventional bonds and Sukuk Ijarah for as much as Rp 1 trillion at the Indonesian Stock Exchange.

On August

On 29 August, Sewatama announced that it had acquired 70% of the shares of the independent power generation company PT Energi Alamraya Semesta (EAS).

2011

On June

On 26 June, PT Sanggar Sarana Baja (SSB) established PT Prima Wiguna Parama (PWP) to manage material handling equipment related to the energy industry.

On December

On December 6, PT ABM Investama Tbk successfully carried out the initial listing of its shares on the Indonesia Stock Exchange and officially became a Public Company.

On September

On September 21, PT Sanggar Sarana Baja (SSB) introduced the new company logo.

On June

On June 28, Reswara acquired PT Media Djaya Bersama (MDB) which operates 2 coal concessions in Aceh namely PT MIFA Bersaudara and PT Bara Energi Lestari (BEL).

On May

On May 26, PT Cipta Krida Bahari (CKB Logistics) also expanded its portfolio by establishing PT Baruna Dirga Dharma (BDD), a coal tug transportation and barging company.

On May

On 23 May, PT Sumberdaya Sewatama (SS) formed two new subsidiaries named PT Nagata Bisma Shakti (Nagata) which focuses on renewable energy, and PT Pradipa Aryasatya (Pradita) which focuses primarily on thermal energy. This is in line with the expansion plan to an independent / Captive Power Plant (I / PKC).

On March

In March, ABM Investama increased its share investment through the conversion of Mandatory Convertible Bonds equal to the 64.7111% stake in ABM Investama by Valle Verde Ltd, a Singapore-based company owned by the Hamami Family.

2010

On November

On November 16, PT Reswara Minergi Hartama was established as the holding company for all coal related businesses.

On December

On December 10, PT ABM Investama Tbk became the majority shareholder of Cipta Kridatama.

On December

In December, in support of TIA and other coal trading activities, Reswara established a port company called PT Pelabuhan Buana Reja (PBR) to provide services to the coal industries.

On November

In November, PT Sumberdaya Sewatama bought a minority stake of PT Metaepsi Pejebe Pembangkitan Listrik (PERSERO), the company's power plant operating in South Sumatra.

2009

On August

In August, PT Tiara Marga Trakindo acquired PT Adiratna Bani Makmur and changed its name to ABM Investama. The company subsequently bought majority shareholders of PT Sanggar Sarana Baja, PT Sumberdaya Sewatama, PT CKB Logistik and PT Tunas Inti Abadi. The company also bought a minority shareholder of PT Cipta Kridatama.

2007

On December

In December, PT Sumberdaya Sewatama and PT Sanggar Sarana Baja acquired PT Tunas Inti Abadi, a compliant coal concession located in South Kalimantan.

2006

On November

On November 28, CKB established PT Alfa Trans Raya as a subsidiary which is engaged in the shipping business mainly serving those related to the energy sector. PT Alfa Trans Raya bought its first ship, Alfa Trans Satu in December.

On December

PT Cipta Krida Bahari introduced the company's new brand and logo as CKB Logistics.

2000

On August

On 16 August , PT Trakindo Utama changed its name to PT Tiara Marga Trakindo (TMT) . Trakindo has become an integrated holding company.

1997

On April

On April 8th, PT Cipta Kridatama (CK) was established to meet market demand for heavy equipment rental and subsequently became a contractor in the mining industry.

On May

On 9 May, PT Cipta Krida Bahari was established as a freight forwarding company.

1992

On March

On March 27, Trakindo established PT Sumberdaya Sewatama (SS) as a subsidiary that supply power to all types of projects by leasing power plants.

1977

On March

On March 19, Trakindo established PT Sanggar Sarana Baja as a subsidiary of Trakindo which provides design and fabrication services for the heavy equipment market.

1970

PT Trakindo Utama

AHK Hamami founded PT Trakindo Utama (Trakindo), which became the sole authorized dealer in Indonesia for Caterpillar heavy equipment and machinery products.