PT Jakarta Setiabudi Internasional Tbk. (“JSI” or “the Company”)
is one of the nation’s most prominent real estate investment and
development conglomerate, which was founded by Jan Darmadi
in 1975. Known for its service excellence and product innovation,
JSI has successfully earned the trust of respected international
business partners, including Hyatt International, Accor Asia Pacific,
Itochu Corporation, Shimizu and Nomura. In 1998, the Company
successfully completed its Initial Public Offering. JSI shares continue
to be traded on the Indonesia Stock Exchange.
Today, JSI serves extensive market segments through its impressive
portfolio, which includes property assets located in Jakarta, Bali
and Yogyakarta. JSI owns premier hotels at the nation’s most
popular tourist destinations, a comprehensive range of commercial
properties, including office buildings, townhouses, retail centers, as
well as strata-titled apartments and landed residential properties. For
future developments, the Company maintains a land bank comprising
various prime locations in several cities throughout Indonesia.
Since 2004, the Company has made significant progress in
implementing its turnaround strategy. In 2008, the Company
resumed full operating capacity, after the completion of revitalization
program on its entire hotel portfolio as its commitment to
develope product innovation and service excellence. The impact
of this achievement has been evident in the Company’s financial
performance and accreditations bestowed by various industry and
government organizations.
As of year-end 2008, JSI manages total assets of approximately
Rp2.7 trillion. With solid support from more than 3,800 dedicated
and highly skilled employees, JSI is confident in its ability to uphold
its position as one of Indonesia’s leading real estate investment and
development companies. |