Shareholders

PT Jababeka Tbk

Established in 1989, PT Jababeka Tbk is the premier township developer in Indonesia with businesses in land development (industrial, residential, commercial, office space, etc.); infrastructure (water provision, waste water treatment, estate management, power, dry port/logistics, etc.) and leisure & hospitality (golf, hotel & resort, etc.). Jababeka’s flagship development in Kota Jababeka is a 5,600-hectare fully integrated township in Cikarang, 35 km east of Jakarta. Kota Jababeka has an estimated population of over 1 million people and is home to over 1,600 local enterprises and MNCs from 30 countries employing over 800,000 workers and 4,500 expatriates.

Sembcorp Development

Sembcorp Development is a wholly-owned subsidiary of Sembcorp Industries, a Temasek-linked company listed on the Singapore Exchange. It is a leading Asian developer with over 20 years’ track record undertaking master planning, land preparation and infrastructure development to transform raw land into urban developments.

It owns, develops, markets and manages more than 10,000 hectares of land comprising industrial parks as well as business, commercial and residential space in Vietnam, China and Indonesia. Notable projects include Batamindo Industrial Park in Indonesia’s Riau Islands and Vietnam Singapore Industrial Park.