July 24, 2014 4:36 PM ET

Insurance

Company Overview of PT Tugu Pratama Indonesia

Company Overview

PT Tugu Pratama Indonesia operates as a general insurance company in Indonesia. The company offers onshore, offshore physical damage and well control insurance, offshore rig insurance, construction builder’s risk policy, and land rig insurance for the energy sector; fire and property insurance, including property all risks insurance, business interruption insurance, and Indonesia standard fire policy; and aircraft hull all risks and liability insurance, aircraft hull war and allied perils insurance, aircraft hull deductible insurance engines and spares, legal liability insurance aviation refueling, airport owners and operators liability insurance, and crew personal accident and loss of licen...

Wisma Tugu I

Jalan H.R. Rasuna Said

Kav C 8-9

Jakarta,  12920

Indonesia

Founded in 1981

Phone:

62 21 529 61777

Fax:

62 21 529 61555

Key Executives for PT Tugu Pratama Indonesia

Finance & Corporate Service Director and Director
Age: 57
President Director
Age: 54
Marketing Director and Director
Age: 53
Technical Director and Director
Age: 53
Compensation as of Fiscal Year 2014.

PT Tugu Pratama Indonesia Key Developments

Tugu Pratama Delays Plans Of IPO

PT Tugu Pratama Indonesia has postponed its plans to conduct an initial public offering. Yasril Y. Rasyid, President Director of Tugu Pratama, said that they do not have a capital problem so the IPO plan is temporarily cancelled. He said the IPO will not be done in the next few years but the company cannot predict whether such corporate action is required or not.

Tugu Pratama Plans To Sell Its Stake In Pratama Mitra

PT Tugu Pratama Indonesia is planning to sell its stake in PT Pratama Mitra Sejati. According to Choky L Tobing, Technique Director the divestment is because Pratama Mitra Sejati’s business is unsuitable with Tugu Pratama’s core business in finance and insurance sector. No decision has been made whether it will be a full or partial divestment.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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