Company Overview

The Company has two major Indonesian company shareholders, which are PT Saratoga Investama Sedaya Tbk and PT Provident Capital Indonesia. 

Main Shareholder Profile

  • PT Saratoga Investama Sedaya Tbk

    PT Saratoga Investama Sedaya Tbk (Saratoga) is an active investment company with a proven track record of investment success. Since its establishment in 1998, Saratoga has taken an active role in managing investee companies as well as in exploring investment opportunities.

    Saratoga focuses on investment opportunites in the early-stage, growth stage, and special cases with emphasis on three keysectors of Indonesian economic development: Consumer, Infrastructure, and Natural Resources. Saratoga aspires to be a world-class active investment company in Indonesia that excels on the back of strong corporate characters to create value for our stakeholders and the nation.

    Saratoga has a mission that is to be the partner of choice for investors to participate in the dynamic growth of Indonesia.

  • The Local Government of Banyuwangi Regency

    The Local Government of Banyuwangi Regency has a share of 6.42% at PT Merdeka Copper Gold Tbk. The shareholding of Local Government of Banyuwangi Regency is a form of contribution of PT Merdeka Copper Gold Tbk to promote the development of Banyuwangi Regency and improve the prosperity of Banyuwangi community.

    This is in line with the vision of Local Government of Banyuwangi Regency is the realization of Banyuwangi community which is independent, prosperous and have noble character through improvement of economy and human resource quality.

    In the organizational structure, Banyuwangi Regent is Abdullah Azwar Anas, M.Si and Vice Regent of Banyuwangi is Yusuf Widyatmoko, S.sos who served until 2021.

  • PT Provident Capital Indonesia

    PT Provident Capital Indonesia is a company headquartered in Indonesia with domestic subsidiaries, specializing in investment.

    PT Provident Capital Indonesia controls a large interest in PT Merdeka Copper Gold Tbk (21.0.4%).

  • Garibaldi Thohir

    Garibaldi Thohir (born in Jakarta, Indonesia, 1 May ,1965 ,age 52 years) or commonly known as Boy Thohir is an entrepreneur and investment banker who came from Indonesia. He is known as coal mine operators to group companies under the banner of Adaro Energy.

    Adaro Energy was developed with Edwin Soeryadjaya and Theodore Permadi Rachmat. At Adaro Energy, he holds the position of President Director. In 2014, Forbes released a list of the richest people in Indonesia, he was ranked 37th.

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